Is the Taiwan stock market drop temporary?

Yes, a rebound is possible depending on TSMC's afternoon earnings guidance.

An American Depositary Receipt traded in the U.S., often seen as a market indicator.

Why did memory stocks fall?

Profit-taking after recent gains and broader market risk-off sentiment.

How did Delta Electronics' stock perform?

It dropped NT$70 to NT$1,820, among the day's worst performers.

What's the outlook for Taiwan's stock market?

TSMC's guidance is key. AI demand may support recovery in the medium term.

TSMC ADR Decline and Memory Sector Correction Lead Taiwan Stock Market to Drop Over 600 Points in Early Trading

Published Jul 16, 2026 10:32 AM ・ Updated Jul 16, 2026 12:40 PM ・ 3 min read ・ Source: CNA (Central News Agency)

TSMC's falling ADR and market caution ahead of its afternoon earnings call triggered a broad sell-off, with memory and drone-related stocks cooling off. The Taiwan stock market dropped over 600 points in early trading, testing support at the 45,000 level.

(CNA reporter Pan Zhiyi, Taipei, 16th) TSMC's American Depositary Receipts (ADRs) declined, and amid rumors regarding Intel's foundry orders, the market adopted a cautious stance ahead of the afternoon earnings briefing. As a result, TSMC's share price fluctuated narrowly around the NT$2,440 level.

Meanwhile, the momentum in yesterday's strong performers—memory and drone-related stocks—cooled down. The Taiwan stock market dropped more than 1% in early trading today, hitting a low of 45,033 points, a decline of over 600 points, as it retested support at the 45,000-point mark.

Around 9:25 a.m., the weighted index reached 45,096 points, down 534 points, or 1.17%, with trading volume reaching NT$242.6 billion.

Among heavyweight stocks, TSMC dipped to a morning low of NT$2,425, down NT$15; Delta Electronics fell NT$70 to NT$1,820; and Hon Hai hovered around NT$240, up NT$1.

(Editor: Chang Liang-chih) 1150716

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Source: CNA (Central News Agency)
Category: Taiwan

TSMC ADR Decline and Memory Sector Correction Lead Taiwan Stock Market to Drop Over 600 Points in Early Trading

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