Bullish
TSMC's stock rises NT$10 to NT$2,420 amid Taiwan's TAIEX surge
On August 28, 2026, Taiwan Semiconductor Manufacturing Company (TSMC) saw its stock price increase by NT$10, closing at NT$2,420. This uptick contributed to the TAIEX index's rise of 356.23 points, surpassing the 46,000 mark. The rally was fueled by NVIDIA's strong earnings report, which bolstered investor sentiment in the semiconductor sector.
Key points
- TSMC's stock price increased by NT$10 to NT$2,420, contributing to the TAIEX index's rise.
- NVIDIA's earnings report exceeded expectations, leading to an 8.74% surge in its stock price.
- Moody's affirmed TSMC's Aa3 issuer rating and revised the outlook to positive, citing the company's dominant market position and technological leadership.
Sources
- TSMC Adds NT$10, TAIEX Jumps 356 Points to Close Above 46,300EffectStory · August 28, 2026
- Moody’s upgrades TSMC outlook on AI demand, chip leadershipInvesting.com · August 28, 2026
- Nvidia, el vendedor de picos y palas de la fiebre de la IA, alivia los temores al disparar su previsión de ingresos futurosEl País · August 28, 2026
AI-generated from public news sources. Not financial advice.
