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  • 2 days ago
Taiwan's stock market surged to a new high on Tuesday morning, after dipping sharply at open the day before. TSMC stocks drove the rebound, as the market reacted positively to recent AI developments. Investor sentiment was also buoyed by an apparent easing of US-China trade tensions.

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00:00The local stock market surged to a new high on Tuesday morning.
00:04The country's benchmark index, the TAIX, climbed past the 27,500 mark during early trading.
00:10That's after it dropped sharply at open the day before.
00:13The rebound was driven by TSMC stocks as the market reacted to recent developments in AI.
00:19Investor sentiment was also boosted by an apparent easing of trade tensions between the U.S. and China
00:23over potential new tariffs and export controls on rare earths.
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