The TAIEX, Taiwan’s benchmark stock index, increased 605 points, or 1.4%, to close at 45,338 on Monday, extending gains from the previous session, primarily supported by electronic technology and technology services stocks. The broader index hit a new record high, surpassing the 45,000 level for the first time as optimism over AI demand continued to lift sentiment. A rally on Wall Street on Friday also fueled sentiment, supported by tech stocks amid persistent enthusiasm surrounding AI-related investments. Electronic technology stocks rose 1.2%, with MediaTek surging 5.7%, while Hon Hai Precision Industry gained 1.6%. Meanwhile, TSMC, the world's largest contract chipmaker, which accounts for more than 40% of the market's total value, was unchanged after rising 2.6% on Friday. Technology services stocks climbed 2.1%, with Wiwynn Corp. advancing 2.6%. On the data front, Taiwan's manufacturing sector grew at the fastest pace since August 2021 in May 2026, supported by stronger demand.