Taiwan's Stock Market Slides 14% as Investors Question AI Investment Returns

Taiwan’s stock market and currency have posted their weakest performance in a month as global investor concerns over AI-related spending and weak US tech earnings weigh on sentiment. The Taiex has fallen around 14% from near-record highs reached in early October, while the New Taiwan Dollar weakened to nearly 33 to the US dollar, fueled by major sell-offs by foreign investors.