TSMC's total market capitalization reaches $1 trillion - driven by an unstoppable AI boom
2024/7/9 0:06 JST (some excerpts)
The total market value of Taiwan Semiconductor Manufacturing (TSMC) reached 1 trillion dollars at one point. Multiple financial institutions have raised the company's target stock prices, and US Morgan Stanley followed suit.
TSMC's American Depositary Receipts (ADR) temporarily rose 4.8% immediately after the start of trading in the New York Stock Exchange on the 8th, breaking through 1 trillion dollars (about 160 trillion yen). Stock prices have risen by over 80% since the beginning of the year. TSMC surpassed Berkshire Hathaway in early June in terms of market capitalization based on ADR and became the 8th most valuable enterprise in the world.
The total market value of Taiwan Semiconductor Manufacturing (TSMC) reached 1 trillion dollars at one point. Multiple financial institutions have raised the company's target stock prices, and US Morgan Stanley followed suit.
TSMC's American Depositary Receipts (ADR) temporarily rose 4.8% immediately after the start of trading in the New York Stock Exchange on the 8th, breaking through 1 trillion dollars (about 160 trillion yen). Stock prices have risen by over 80% since the beginning of the year. TSMC surpassed Berkshire Hathaway in early June in terms of market capitalization based on ADR and became the 8th most valuable enterprise in the world.
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