This week, the most watched financial event in Taiwan is undoubtedly the TSMC shareholders meeting. Especially as the Trump equal tariffs storm is yet to subside, the U.S. Department of Commerce has not disclosed the details regarding semiconductor and chip tariffs, leaving the market curious about how TSMC will respond. Chairman Wei Zhejia will face the challenges during his first time hosting this meeting.

Additionally, prior to the shareholders meeting, foreign media reported that TSMC is evaluating the possibility of establishing a factory in the Middle East, with the scale expected to approach that of Arizona, shocking many in the domestic market. Reports also suggest that the UAE has discussed this matter with both the Biden and Trump administrations.

The meeting will also focus on the impact of U.S. chip tariffs on TSMC and its clients. Whether Wei Zhejia will comment on this issue during the meeting has drawn significant attention. TSMC is also planning to increase dividends, anticipating a cash dividend of NT$5 per share for Q1 2025, which is an increase of NT$0.5 compared to Q4 2024, with the ex-dividend date projected for September 16.

In another major event, South Korea's presidential election is also taking place, featuring key candidates Lee Jae-myung from the Democratic Party and Kim Moon-soo from the People Power Party. Recent polls indicate Lee Jae-myung leads with 49% support compared to Kim Moon-soo’s 35%. This election will determine the future political direction of South Korea.