00:00Thursday is yet another record-breaking day for Taiwan's stock market
00:03as investors react to strong AI demand and a possible deal to end the U.S.-Iran conflict.
00:09The Thai eggs, Taiwan's benchmark stock index,
00:12surged past 42,000 points during early trading, ending up around 2%.
00:17TSMC, which accounts for more than 40% of the market,
00:20as well as strong stock performances from other tech firms,
00:23is driving the surge, while more money is flowing into the market.
00:33This comes as the U.S. says it's moving closer to a deal to end its war with Iran
00:38and possibly reopen the critical strain of her moves.
00:41Tehran says it's reviewing a U.S. proposal,
00:44and U.S. President Donald Trump appeared optimistic when speaking to the press.
00:48They want to make a deal badly, and we'll see if we get there.
00:51If we get there, they can't have nuclear weapons. It's very simple.
00:56It's news that it's also caused Wall Street indexes to hit record highs,
01:00paired with upbeat earnings from chipmaker AMD
01:02and a strong revenue forecast driven by AI.
01:05Other Asian stocks are also rallying.
01:07With AI demand strong,
01:09Taiwan's stock market is expected to keep growing.
01:12And while it remains unclear whether the U.S. and Iran will reach a deal this week,
01:17what is clear is investors are optimistic.
01:20Patrick Chen, NIT in Taipei for Taiwan Plus.
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