KEY POINTS
  • Taiwan shares notched record highs on Friday with more gains likely as a booming demand for artificial intelligence and semiconductor technology boosts investor sentiment.
  • The Taiwan Weighted Index hit an intraday high of 20,296, according to data from Factset.
High-rise buildings sprawl out across the Taiwanese capital Taipei.

Taiwan shares notched fresh all-time highs on Friday as a booming demand for artificial intelligence and semiconductor technology boosts investor optimism for the country's tech firms.

Market watchers expect the rally in Taiwan stocks to strengthen further.