Business

Taipei: Shares in Taiwan plunged again Wednesday morning, with Taiwan’s benchmark index falling below the 40,000-point mark as large tech stocks came under heavy pressure amid growing concerns over large AI investments, dealers said.

According to Focus Taiwan, as of 11:53 a.m., the Taiex had fallen 1,830.55 points, or 4.40 percent, to 39,772.81, while the bellwether electronics index had fallen 5.08 percent. The last time the Taiex closed below 40,000 points was April 30. Dealers …

Taiwan Shares Close Down 3.76%

Taipei: Taiwan shares ended down 1,564.18 points, or 3.76 percent, at 40,039.18 Wednesday on turnover of NT$1.08 trillion (US$33.46 billion).

According to Focus Taiwan, the market experienced a significant drop, affecting investor sentiment and rai…