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Foreign Investors Dump NT$112.5 Billion as TAIEX Sinks 1,156 Points, Capping a 2,728-Point October Slide

Alphabet plunged 12.64% as investors questioned the payback on AI spending. Foreign investors sold a net NT$112.47 billion of Taiwan stocks, the TAIEX sank 1,156 points below its 120-day average, Delta Electronics hit limit down, and the index lost 2,728 points in October.