Reported about 1 year ago
Former KMT legislator Tsai Zhengyuan's public statement from 2022 claiming that TSMC's stock price would never exceed 1000 NT has backfired as TSMC's stock price surpassed 1000 NT on the day, closing at 1005 NT, marking a historical high. Netizens jokingly request him to predict 2000 NT next time. The Taiwan stock market also saw a significant increase with TSMC becoming the 18th stock to cross the 1000 NT mark. Tsai's remarks from two years ago about China's influence on TSMC's profit margins were proven wrong as TSMC's stock price soared from around 400 NT in 2022 to 1005 NT today.
Source: YAHOO