Taiwan stocks surge 1,200 points to set a new high again! MediaTek and Delta Electronics both reach the daily limit up, while TSMC rises by 55 yuan.

On the morning of May 27, the Taiwan stock market surged over 1,200 points, pushing the index to 44,750 points to hit a new all-time high. MediaTek and Delta Electronics both hit the daily limit-up, and TSMC jumped 55 NT dollars in a single day.
(Background: Rumors that Google will collaborate with MediaTek to develop the next-generation AI chips to reduce reliance on NVIDIA... Is Broadcom in danger?)
(Additional background: Nvidia's Q1 financial report is extraordinary! Revenue hit $81.6 billion, setting a record, with Huang Renxun excitedly announcing "The era of Agentic AI has arrived," and dividends soaring 24 times.)

The Taiwan stock market is soaring again! On this (27th) morning, it once rose over 1,200 points, hitting a record high of 44,750 points during the session. TSMC rose 55 NT dollars to reach 2,325 NT dollars (+2.2%), and MediaTek and Delta Electronics both hit the limit-up. Memory group companies UMC, Winbond, Nanya Technology, and Macron also surged simultaneously.

The AI computing power division among the three key stocks: which node each one stands at

MediaTek's limit-up behind it is a transformation of identity. On May 22, Google Cloud Next 2026 revealed that MediaTek has entered the design division of Google's eighth-generation TPU: Google is responsible for the computing core and HBM procurement, while MediaTek handles I/O die design (the interface layer for chip communication), all wafer procurement, and backend packaging integration.

Cai Lixing mentioned in the earnings call that there are follow-up projects starting from 2028. Goldman Sachs has raised the target price to 5,000 NT dollars, and the full-year AI ASIC revenue outlook has been revised upward to $2 billion, doubling the original estimate.

Delta Electronics' entry point is even more direct: AI servers consume 5 to 10 times the power of traditional servers. Delta's AI power supply market share exceeds 50%, and liquid cooling revenue in 2025 is expected to break through $1.6 billion.

A key catalyst is the 800V HVDC technology: Delta has completed sample delivery, and the four major CSPs in North America are currently in certification. Shipment could begin as early as the second half of the year, with foreign institutions' target prices reaching as high as 1,288 NT dollars.

TSMC is the common infrastructure for all AI clients. CoWoS capacity is a shared bottleneck for Nvidia, AMD, MediaTek, and all other AI customers. Several Wall Street investment banks have target prices as high as 3,000 NT dollars. Analysts estimate EPS of 98.86 NT dollars in 2026, rising to over 243.45 NT dollars by 2030.