TSMC Shares Soar to Record NT$1,650, Market Cap Tops NT$42 Trillion

TSMC shares reached a historic high of NT$1,650 in early trading, boosting its market capitalization beyond NT$42.78 trillion. This surge was propelled by a strong rally in the global semiconductor sector and a significant jump in its US-listed ADRs. The company's valuation now places it sixth worldwide, surpassing giants like Meta and Broadcom. Investor optimism is high ahead of the firm's upcoming investor conference on January 15, where positive guidance is anticipated.

Key Points: TSMC Hits Record Share Price, Market Cap Surpasses NT$42 Trillion

  • Shares hit record NT$1,650
  • Market cap exceeds NT$42.78 trillion
  • Follows global semiconductor sector rally
  • TSMC ADRs surged over 5% in US
  • Ranks 6th globally by market capitalization
2 min read

TSMC shares hit record NT$1,650 as market capitalization surpasses NT$42 trillion

TSMC shares surge to NT$1,650, pushing market cap past NT$42.78 trillion, fueled by global semiconductor rally and positive investor sentiment.

"The market is widely optimistic that the Taiwanese company... will release positive guidance at its next investor conference on Jan 15. - Focus Taiwan report"

New Delhi, January 5

Taiwan Semiconductor Manufacturing Co. shares soared to a record high of NT$1,650, up by NT$65 from its previous close during early trading hours on Monday. This surge pushed the company's total market capitalization past the NT$42.78 trillion, according to a report by Focus Taiwan.

"Taiwan Semiconductor Manufacturing Co. (TSMC) shares climbed to a record high of NT$1,650 in early trading on Monday, up NT$65 from the previous close. The rise pushed the company's market capitalization past the NT$42 trillion mark to NT$42.78 trillion," the report said. The upward movement followed a significant rally in the global semiconductor sector late last week.

The momentum for the chipmaker intensified after the Philadelphia Semiconductor Index rose more than 4 per cent on Friday. During that same session, TSMC's American depositary receipts (ADRs) surged by USD 15.72, or 5.17 per cent, to close at a record high of USD 319.61. This performance in the United States markets provided a strong lead-in for the local trading session in Taiwan.

The company's market value reached USD 1.657 trillion following these gains. This valuation allowed TSMC to surpass the market caps of Meta and Broadcom. The report noted that the firm now ranks sixth globally in terms of total market capitalization. The increase reflects broader investor confidence in the semiconductor industry and the specific positioning of the Taiwanese firm within the global supply chain.

Market sentiment remains positive as investors look toward the company's upcoming financial disclosures. "The market is widely optimistic that the Taiwanese company, the world's largest contract chipmaker, will release positive guidance at its next investor conference on Jan 15," the report said. Anticipation regarding these future growth projections and earnings potential continues to drive buying interest in the stock.

- ANI

Share this article:

Reader Comments

P
Priya S
Wow! NT$42 trillion market cap is mind-boggling. It shows how critical advanced manufacturing is for economic power. While we celebrate their success, it's a reminder for India to fast-track its own fab units. We can't just be a consumer market forever. Jai Hind! 🇮🇳
R
Rohit P
TSMC's success is built on decades of focused policy and R&D investment. Respectfully, I feel our Indian approach is sometimes too scattered—trying to do everything at once. We need to pick a niche in the semiconductor value chain and dominate it, just like they did with foundry services.
S
Sarah B
Working in Bengaluru's tech sector, this news is everywhere today. TSMC's valuation surpassing Meta is a huge symbolic shift—hardware and manufacturing are back in the driver's seat. Hope some of this investor confidence rubs off on Indian electronics manufacturing stocks!
V
Vikram M
Fantastic news for the global tech ecosystem. Their success means more stable supply chains for everyone, including Indian smartphone and auto companies. But let's not forget the geopolitical risks concentrated in one region. Diversification is key, and that's where India's opportunity lies.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50