Global funds bought a net $2.77 billion in Taiwanese equities on Tuesday. This transaction represents the largest single-day purchase by foreign investors in two decades.
The record influx reflects overseas confidence in Taiwanese chipmakers as primary beneficiaries of the artificial intelligence boom. Tuesday’s activity marked the sixth consecutive day of net purchases by foreign funds.
Taiwan Semiconductor Manufacturing Co. (TSMC) served as the primary target of the investment wave. Institutional investors signaled conviction in TSMC’s market dominance as the lead producer for AI leaders including Apple, AMD, and Nvidia.