Taipei / Reported by Wei-Sheng Tsao, Cheng-Chi Chu, and Hsiu-Yu Hong - Today (30th), the Taiwan stock market opened lower and fluctuated around the flatline, even plummeting at one point, failing to meet market expectations. In contrast, on the 29th, the four major U.S. indexes mostly gained, with signs of a dovish shift in Trump's tariff policy, raising questions as to why Taiwan did not benefit.

Analysts explained that disappointing earnings from AMD caused its stock price to crash, affecting related stocks in Taiwan. However, they noted that the darkest period is already priced in, and now investors only need to respond cautiously without panic.

In early trading, Taiwan stocks opened lower, declined by 17 points, and later moved back up, stabilizing around the flatline. After foreign capital entered the market around 10 a.m., there was a brief surge, but within half an hour it dropped again. Despite the positive trend in U.S. stocks on the 29th, where the Dow gained 300 points and both Nasdaq and S&P 500 closed higher, the Philadelphia Semiconductor Index fell slightly by 0.92%.

Analysts indicated that AMD's Q1 earnings report fell short of expectations, resulting in a post-market stock decline of 16%. The AI server sector, including TSMC and assembly plants, was also impacted, with TSMC facing a critical battle around the 900 TWD mark. They noted that the negative impact of the tariff war has now diminished, allowing investors to look for high dividend yield opportunities.

Despite the day’s volatility, sectors such as finance, electronics, and green energy showed relative strength, with some individual stocks rising by over 5%. Additionally, the Chairman of the Financial Supervisory Commission, Peng Chin-Lung, stated that the Taiwanese market is relatively stable, but the outcomes of tariff negotiations and economic indicators need to be observed over the long term.