Former KMT Legislator Tsai Zheng-yuan's Past Remark Contradicted as TSMC Stock Surpasses NT$1000; Responds to Online Backlash

Reported about 1 year ago

The stock price of TSMC surged past the NT$1000 mark, nearly reaching a market value of NT$26 trillion, setting a new historical record and sparking optimism among investors. Former KMT legislator Tsai Zheng-yuan's past statement claiming that TSMC would not reach NT$1000 was brought to light, leading to online criticism. Tsai responded by acknowledging that predicting such events would be godlike, attributing TSMC's rise to Open AI developments. He described the situation as unexpected in the stock market, emphasizing the unpredictability of 'Black Swan' events and highlighting the impact of TSMC's relationship with Nvidia in chip production for AI technology.

Source: YAHOO

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