Reported about 1 year ago
TSMC joins the thousand-dollar club today, reaching a new high of 1010 NT in intraday trading, closing at 1005 NT; meanwhile, the Taiwan stock market briefly reached 23571 points before closing at 23522 points, soaring by 350 points and hitting new highs. TSMC's rise, along with other heavyweight stocks like Hon Hai (2317) and Largan Precision (3008), led to a strong stock market performance. TSMC's ADR in the U.S. also rose 3.86%, reflecting the positive market sentiment. Analysts point to TSMC's upcoming capital expenditure growth and strong orders in the AI sector as reasons for continued investment interest.
Source: YAHOO