TSMC Stock Soars on Record Earnings, AI Demand
TSMC's share price reached an all-time high on Friday after the leading contract chipmaker reported stronger-than-expected third-quarter earnings and provided a positive outlook driven by robust Artificial Intelligence (AI) demand.
Key Takeaways:
-
TSMC's stock price surged 6% to T$1,100 ($34.25) at the market open, surpassing the previous record set in July 2023.
-
The company boasts the highest market capitalization in Asia at around $884 billion.
-
TSMC benefits from the booming AI sector, counting Apple and Nvidia among its major clients.
-
The chipmaker expects continued growth over the next five years.
Addressing U.S. Probe
Following a media report suggesting a U.S. investigation into TSMC's dealings with Huawei, the company reaffirmed its commitment to legal compliance, including export control regulations.
TSMC remains a reliable partner, stating:
"If we have any reason to believe there are potential issues, we will take prompt action to ensure compliance, including conducting investigations and proactively communicating with relevant parties, including customers and regulatory authorities as necessary."


RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Thailand Inflation Remains Negative for 10th Straight Month in January
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



