AI Demand Lifts Taiwan's 2026 Growth Forecast to 9.64%

The news indicates that artificial intelligence demand has raised Taiwan's growth forecast, creating a positive catalyst for semiconductor stocks such as TSM. Technical indicators also support this optimism: the stock has risen 4.6% in the last 24 hours, the RSI at 65.6 is not yet in overbought territory, and the MACD is above its signal line. Additionally, the price is trading above both the 20-day (419) and 50-day (409) moving averages. However, the short-term overextension and the RSI approaching 70 may introduce some profit-taking risk. Therefore, while the trend is upward, a moderate increase rather than a strong rally can be expected.

The news reports that robust growth in artificial intelligence demand has raised Taiwan's 2026 growth forecast. NVDA, as a key player in the AI chip market, could benefit positively from this demand surge. Technically, the RSI is at 48.9, indicating a neutral zone, while the MACD is above the signal line and trending upward. The price has closed above the 20-day SMA (212.91) but remains below the 50-day SMA (217.44). There is potential for an upward move in the short term, though the 50-day SMA may act as a resistance level to be tested.

AMD shares rose 9.7% in the last 24 hours, closing at $518. The RSI stands at 69.8, approaching overbought territory but still below the 70 threshold. The MACD line remains above the signal line and in positive territory, confirming upward momentum. News headlines indicate that AI demand has lifted Taiwan's growth forecast, which can be interpreted as a positive demand signal for semiconductor companies like AMD. The short-term uptrend is expected to continue, but if the RSI enters overbought territory, a short-term correction risk should not be overlooked.

AVGO is benefiting from a positive macro environment as rising demand for artificial intelligence boosts Taiwan's growth forecast. Technically, the stock closed up 3.4% at $426.58, trading above its 20- and 50-day moving averages. The RSI is neutral at 56.7, while the MACD is above its signal line, supporting an upward trend. Short-term upward momentum may continue, and with the stock not yet in overbought territory, there is potential for further gains.