A sharp increase in US producer price inflation in July dampened expectations of a rate cut, temporarily halting the US stock market's rally. Driven by Hon Hai Precision Industry (2317) and AI demand, the Taiwan stock market saw trading volume exceeding NT$400 billion, with the weighted index closing up 96 points. Technical strength remains strong, with the market poised to reach new highs. Despite uncertainties, the long-term outlook remains optimistic.