Monday, July 27, 2020

TSMC jumps nearly 10% adding $34 billion in value

Intel's woes make for TSMC gains.

TSMC closed nearly 10% higher at 424.5 Taiwan dollars ($14.48), an all-time high for the stock. Since Friday’s close, TSMC has added 998.32 billion Taiwan dollars ($34.05 billion) in market capitalization.