Taiwan stocks rose, led by computer maker Quanta Computer Inc (
The TWSE Index rose 70.15, or 2 percent, to 3563.81. Within the index, 223 stocks rose and 210 fell.
Dell reiterated its August forecasts for profit of US$0.15 or US$0.16 a share on sales of US$7.2 billion to US$7.6 billion in the quarter ending Nov. 2.
Dell's statement "is positive for Quanta which get 45 percent of all its revenue from Dell," said Alison Yip, an analyst at CLSA Ltd in Taipei, who has a "buy" recommendation on Quanta's shares.
"Dell is strongly gaining market share," she said.
Dell Computer Corp suppliers gained.
"We foresee a pick-up in the fourth quarter versus third-quarter computer demand driven by
hardware and software upgrades," said Kent Chen, head of research at CLSA in Taiwan.
Compal Electronics Inc (
Quanta Computer, which also makes notebook computers for Dell, rose NT$3.50, or 5.3 percent, to NT$69.
Chipmakers rose after the widely watched Philadelphia Semiconductor Index rose 4.3 percent yesterday.
United Microelectronics Corp (UMC, 聯電) rose NT$1.60, or 6.8 percent, to NT$25.
Taiwan Semiconductor Manu-facturing Co (TSMC, 台積電) rose NT$2.40, or 5.4 percent, to NT$46.70.
Asustek Computer Inc (華碩電腦), Hon Hai Precision Industry Ltd (鴻海精密) and Yageo Corp (國巨) gained on a Goldman Sachs Group Inc report that Sony Corp may farm out as much as 30 percent of its annual PlayStation 2 video-game console production to the three companies.
* Quanta Computer added 5.3 percent after Dell said it would meed third-quarter earnings forecasts.
* Compal Electronics Inc rose 6.8 percent, also on the back of Dell's announcement.
* UMC jumped 6.8 percent.
* TSMC gained 5.4 percent.
* Asustek jumped 7 percent.
* Hon Hai added 2.8 percent.
Asustek, Taiwan's biggest computer motherboard maker, rose NT$7, or 7 percent, to NT$107.
Hon Hai, which makes everything in a computer except chips, rose NT$3, or 2.8 percent, to NT$110.
Yageo rose NT$0.50, or 2.8 percent, to NT$18.70.
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