Taiwan’s stock market experienced a significant rally, jumping over 1,000 points, driven by receding concerns over escalating conflict in the Middle East. The gains were largely fueled by a rebound in the technology sector, with Taiwan Semiconductor Manufacturing Company (TSMC) regaining its monthly moving average. Memory chip manufacturers, including Nanya Technology and Winbond Electronics, spearheaded a strong recovery within the industry. Investor sentiment improved as geopolitical tensions appeared to stabilize, encouraging a return to risk assets. This positive shift followed initial anxieties regarding potential disruptions to global supply chains and economic growth. The strong performance indicates renewed confidence in the Taiwanese economy and its key technology players.