Reported 8 months ago
Recent news of TSMC raising prices for its 3nm process has catapulted its stock price, increasing nearly 20% in June and pushing the Taiwan Weighted Index to a record high of 23209 points on June 19th. Other companies like MediaTek, Foxconn, and Nvidia also saw significant stock price increases, contributing to the overall market rally. Analysts expect TSMC to soon surpass 1000 yuan, with the stock market benefiting from strong fundamentals and tech sector performance.
Source: YAHOO