Reported 12 months ago
Taiwan Semiconductor Manufacturing Company's (TSMC) stock price rose by NT$21 to break past NT$1000 on July 4th, joining the billion-dollar stock rank. The positive momentum was driven by gains in the U.S. stock market and continued on July 4th in Taiwan, with TSMC leading the surge. Analysts predict strong demand for TSMC's 2-nanometer technology, with expectations of increased capital expenditure in 2025 compared to 2024. This has boosted investor confidence in semiconductor-related stocks and is expected to continue attracting funds into the sector.
Source: YAHOO