During the past week, Taiwan Semiconductor Manufacturing Company (TSMC), a major global chip manufacturing contractor, has seen a significant increase in its stock, pushing its Market Cap to over $1 trillion. TSMC is at the forefront of technology companies who have achieved this milestone.
TSMC’s stocks primarily trade in the Taiwan stock market, with trading of American Depositary Receipts (ADRs) in the United States. The Market Cap referenced by the ADR price on Friday stood at $972 billion, slightly down from previous levels.
Analyst Charlie Chan from Morgan Stanley has noted a strong uptrend in TSMC’s production outlook for 2025, driven by the high demand for advanced manufacturing technology chips from major customers. This situation allows those willing to pay a premium to secure products ahead of time, presenting an opportunity for TSMC.
Source: Business Insider
TLDR: TSMC’s stock value surpasses $1 trillion, reflecting its leading position in chip manufacturing. Analysts foresee a strong production outlook driven by high demand for advanced technology chips.
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