TSMC Hits Record High of 2,180 NTD, Contributing 795 Points to Market; Market Cap Surpasses 56 Trillion

(CNA Reporter Chang Chien-chung, Hsinchu, 24th) Foundry TSMC hit another record high today, climbing to 2,180 NTD during intraday trading, an increase of 100 NTD. Its market capitalization surpassed 56 trillion NTD, contributing 795 points to the broader market.

Although TSMC's American Depositary Receipts (ADRs) fell over 1% on the 23rd, TSMC's stock price opened high and went higher today. In early trading, it climbed to 2,180 NTD, setting a new record high with an increase of 100 NTD, pushing its market cap to 56.53 trillion NTD and contributing 795 points to the market.

At its recent North America Technology Symposium, TSMC unveiled its new A13 process technology and announced that its A12 process technology will adopt super power rail technology. Both the A13 and A12 process technologies are slated for production in 2029 to meet the demands of artificial intelligence and high-performance computing customers.

With a clear, rapidly advancing, and diversified advanced process technology roadmap, the market is optimistic that TSMC will maintain its technological leadership and secure business opportunities in markets such as artificial intelligence. (Editor: Lin Chia-hsien) 1150424