Taiwan's stock market is pushing toward the 50,000 mark, good news for investors riding the AI boom, though big institutions were selling into the strength.

• The index rose again and now sits just short of 50,000, a level seen as a psychological barrier rather than a real ceiling.
• Foreign and local institutions sold a combined NT$20.8 billion, trimming TSMC, Hon Hai and AUO while piling into actively managed ETFs.
• Weak US jobs numbers cooled rate-hike fears and pushed money back into tech stocks, lifting Taiwan and Japan to the front of Asian markets.
• Falling oil prices eased inflation worries, adding to the risk-on mood.
• TSMC's upcoming investor briefing is the next big test, with attention on 2027 spending plans, advanced packaging, a possible Texas plant and whether chip prices rise next year.

Outlook: Analysts expect the index to grind higher and take a run at 50,000, with AI-driven profit growth seen holding up into 2027.