Reported 8 months ago
TSMC's stock price surged to 950 yuan on June 18, breaking a new record high, leading to a nearly 300-point increase in the Taiwan stock market to 22,787 points. Consequently, the company's market value increased by over 750 billion yuan overnight, reaching 24.63 trillion yuan. TSMC's strong performance contributed significantly to the market gains, with its ADR premium expanding and investor concerns about potential risks associated with arbitrage strategies highlighted.
Source: YAHOO