TAIPEI, Jan 18, 2026, 07:13 GMT+8 — The market has closed.
- MediaTek shares climbed roughly 1% on Friday, riding a wave of gains across Taiwan’s tech sector.
- Risk appetite swung back to chip stocks, fueled by a U.S.-Taiwan trade deal and TSMC’s optimistic forecast.
- Attention shifts to U.S. tech earnings, with investors also eyeing MediaTek’s upcoming dividend and sales updates.
MediaTek Inc (2454.TW) saw its shares finish Friday at NT$1,505, marking a 1.01% gain ahead of the weekend pause for Taiwan markets following a strong bounce in tech stocks. (StockAnalysis)
The Taiwan Stock Exchange benchmark (^TWII) closed at 31,408.70, gaining 1.94%. Chip-related stocks led the rally, driving the index to yet another record high. (Yahoo Finance)
The tone is crucial as investors weigh if the recent surge in Taiwan chip stocks will continue into next week or if it was just a one-off spike pushing them to a record close. “These figures simply told investors AI demand is robust,” said Alex Huang, an analyst at Mega International Investment Services. He highlighted TSMC’s forecast for nearly 30% sales growth in 2026 and planned capital expenditures up to $56 billion. Huang also pointed out heavier foreign buying and “technical hurdles” near the 31,500 level. (Focus Taiwan – CNA English News)
Policy also made its way into the tape. The U.S. and Taiwan struck a trade deal cutting broad tariffs on many Taiwanese exports from 20% to 15%. This comes with fresh commitments to boost investment in U.S. tech and chip production, the U.S. Commerce Department and Secretary Howard Lutnick said. But the pact still faces a shifting legal and political landscape, including court challenges to the administration’s tariff powers. It’s a stark reminder that the risks extend beyond just earnings. (Reuters)
When Taiwan markets reopen, overseas signals could weigh as heavily as local factors. U.S. chip stocks wrapped the week on a positive note, while the earnings calendar heats up with Intel—a key indicator for demand and pricing across the semiconductor sector—set to report soon. (Reuters)
MediaTek finds itself caught in the middle of these conflicting forces. As a leading designer of smartphone chips and connectivity silicon, its stock moves on changes in handset demand, pricing pressures, and the broader “AI capex” story.
There’s a risk on the horizon. Gains driven by capex news could evaporate quickly if orders slump, phone sales underperform, or if investors get spooked by how crowded chip stocks look after a record close. Fresh jitters over tariffs or export controls would only deepen the uncertainty hanging over Taiwan tech.
Traders will be eyeing if Friday’s momentum holds at the open and if foreign buying remains steady. Attention will also focus on U.S. tech earnings, looking for clues on AI spending and any new guidance that might shift expectations about how long the chip upcycle lasts.
MediaTek’s next key dates are set: the cash dividend will be paid on Jan. 30, followed by the January monthly sales report due Feb. 10 at 17:00 GMT+8. (Mediatek)
