Taiwan's TAIEX rose 538.09 points to close at 47,718.84, a three-month high, while the Taiwan dollar gained 5 cents to 31.758 per U.S. dollar as foreign capital returned to local equities. U.S. President Donald Trump's plan to establish an AI Force and appoint an AI czar helped reinforce optimism around artificial-intelligence investment, an important driver for Taiwan's technology-heavy market. Foreign investors bought a net NT$20.376 billion of shares on Monday, extending a three-session buying streak with cumulative purchases nearing NT$120 billion. The latest account put combined purchases by Taiwan's three major institutional investor groups at NT$47.037 billion, differing from an earlier report of net buying exceeding NT$110 billion. Taiwan's central bank kept rates unchanged for a tenth consecutive meeting after the Federal Reserve raised rates by 25 basis points. Markets are watching the Trump-Xi meeting, U.S. economic data, oil prices and continued foreign buying for direction in Asian assets.