Taiwan stocks are washing up and down! Electric gold selling orders surged, the index fluctuated more than 600 points and turned black

Taiwanese stocks opened higher on Wednesday with weight stocks such as TSMC, UMC and MediaTek opening higher. The index opened up 141.91 points and opened at 43,449.45 points. With the duo of wafers leading the counterattack of electronic stocks, and financial and communication industries also rising simultaneously, the index opened higher, rising 43 points. At 4 o'clock, it reached 43741 points. After opening high, sell orders poured in. Electronic stocks such as memory, silicon wafer, and AI turned black, while financial stocks were also attacked by short sellers. The index plummeted, falling 168 points from red to black, and backtested to 43139 points, fluctuating 602 points up and down.

Investors are waiting for the results of the U.S. midterm elections, and funds are returning to semiconductor and artificial intelligence (AI) stocks that have been sold off recently. Only the Dow Jones closed in the black on Tuesday (3rd). The Philadelphia Semiconductor Index rose 2.63%, the Nasdaq rose 0.83%, the S&P 500 index rose 0.36%, while the Dow Jones closed down 0.38%.