US Stock Market Move | Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) rose more than 2%, hitting a new all-time high.
22/01/2025
GMT Eight
On Wednesday, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) rose more than 2%, hitting a historical high of $223.54. According to a survey by TrendForce, the earthquake that hit the Chiayi region of Taiwan on January 21 had an impact on neighboring wafer foundries and panel factories. At the time, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR and United Microelectronics Corp. Sponsored ADR's Tainan plant had already evacuated personnel and halted operations for inspection. There was no major damage to the machines, only unavoidable production of fragments in the furnace tube machines.