The Taiwan stock market rose by 845.71 points on Wednesday, closing at a high of 19639.14 points for the day. This surge follows U.S. President Trump's announcement on Tuesday that tariffs on China would significantly decrease, emphasizing his intention not to fire Federal Reserve Chairman Powell. These positive signals contributed to a more than 1,000-point jump in the U.S. stock market, which in turn impacted Taiwan's stock market. Today (April 23), the market opened strongly, recovering above 19,000 points, and closed with a 4.5% gain, with a total trading volume of NT$269.1 billion.

Taiwan Semiconductor Manufacturing Company (TSMC) ADR saw a 2.39% increase yesterday, closing at $151.4. Today, TSMC experienced a significant buying spree with its share price climbing nearly 7%, peaking at NT$873 before closing at that price. The single-day trading volume was 37,712 shares, and the market capitalization rebounded to NT$22.64 trillion. Other leading stocks also saw gains, with only Chunghwa Telecom experiencing a slight decline. Other electronic stocks such as MediaTek, Hon Hai, Delta Electronics, Quanta, and ASE Technology Holding Co. all recorded gains of over 5%, with ASE gaining nearly 8%, closing at NT$137.5, the highest increase among leading stocks.

Overall, trading value today reached NT$269.1 billion, with a trading volume of 5.28 million shares. Market sentiment is optimistic following Trump's insights on tariff relaxation, but analysts warn that tariffs may create a dilemma for the Fed between stabilizing prices and ensuring full employment, which could increase the risk of an economic downturn in the U.S. Despite short-term selling pressure, the signals from Trump may suggest a potential rebound for Taiwan's stock market in the near term.