Taiwan Semiconductor Manufacturing Company (TSMC) has reached a market capitalisation of TWD 29.30 trillion (~$1.03 trillion), matching that of electric carmaker Tesla in valuation.
As of July 22, TSMC’s stock stood at TWD 1,130, with a high of TWD 1,160 and 0.89% growth over the past five trading days. TSMC became only the third semiconductor company, after NVIDIA and Broadcom, to hit the $1 trillion mark.
This isn’t the first time TSMC has brushed against the trillion-dollar milestone. In July last year, the chipmaker briefly…
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