Taiwan Weighted (TAIEX) closes down 3.4 percent as chips sell off
Published on 10/15/2026 at 22:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSChip earnings and market damage
- TAIEX closed at 46,970 points on October 15 after losing 1,656 points or 3.4 percent.
- TSMC reported NT$763 billion in third-quarter profit after the market closed.
- MediaTek fell 6.9 percent as technology shares led the decline.
- TAIEX resumes trading on October 16, 2026, at 9:00 a.m. Taipei time.
Taiwan Weighted (TAIEX) closed on October 15, 2026 at 46,970 points, losing 1,656 points or 3.4 percent. The decline followed higher-than-expected U.S. inflation and overnight semiconductor losses, Focus Taiwan reports.
TSMC fell 2.0 percent to TWD 2,440, while its earnings conference took place after the Taiwan market closed. The company reported third-quarter profit of TWD 763.06 billion and guided fourth-quarter revenue to USD 52.3 billion to USD 54.3 billion, Yahoo Finance reports.
Why is the Taiwan Weighted (TAIEX) down?
Technology stocks drove the selloff after higher U.S. inflation increased concern about Federal Reserve policy. The Philadelphia Semiconductor Index also fell overnight, a combination that weighed on Taiwan's chip-heavy benchmark, Taiwan News reports.
The electronics index dropped 3.84 percent. MediaTek lost 6.9 percent, while ASE Technology Holding fell the daily limit of 10.0 percent, according to Focus Taiwan.
Taiwan Weighted (TAIEX) breaks below 47,000
The index opened at 48,383 points and moved between 46,795 and 48,383 points before finishing below 47,000. The closing level marked the sixth-largest point loss in the benchmark's history, Taiwan News reports.
TSMC guidance sets the next market focus
TSMC said fourth-quarter revenue should reach USD 52.3 billion to USD 54.3 billion. It also projected 2026 revenue growth of 44 percent, giving investors fresh semiconductor guidance after the session.
What comes next for Taiwan Weighted (TAIEX)
On October 16, 2026, trading resumes at 9:00 a.m. Taipei time. The market will assess TSMC's profit outlook and revenue guidance in the next session, with trading information provided by the Taiwan Stock Exchange.
More market reports and analysis on the Taiwan Weighted (TAIEX)
