Taiwan stocks opened sharply higher on July 14, with the benchmark index touching a record 36,235. At the time of writing, the market was up 775 points at 36,232, a gain of 2.19%. The move came after U.S. President Donald Trump said Iran had called the United States and that “they very much want to make a deal.” U.S. equities rallied overnight, and Asian markets moved higher in early trading.
Heavyweight tech names lead the rally
Large-cap electronics stocks drove the advance. TSMC (2330) rose NT$40 to NT$2,040, setting a new all-time high. Hon Hai (2317) gained NT$7 to NT$207, up 2.5%. MediaTek (2454) added NT$100 to NT$1,720, climbing 6.17% and leading the broader electronics segment.
Memory-related shares also turned higher, with Nanya Technology, UMC, and Winbond Electronics among the stocks moving up together. Buying interest was concentrated in major tech counters and related sectors, pushing the index past its previous peak early in the session.
Optimism rises, but the key condition remains
Market sentiment improved on the latest headline, but Trump also attached a clear condition to any agreement. He said there would be no deal unless Iran agreed to “give up nuclear weapons.” That leaves a major uncertainty in place even after Iran’s call was seen as a constructive signal.
The report added that the two sides had held marathon talks in Islamabad, Pakistan, over the weekend for 21 hours, but failed to reach an agreement. For markets, the unresolved nuclear issue remains the central point to watch.