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TSMC stock price jumps as chip rally returns — what to watch before Feb. 10 sales update
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TSMC stock price jumps as chip rally returns — what to watch before Feb. 10 sales update
TSMC’s U.S.-listed shares surged 5.5% to $348.85 Friday, while its Taipei stock closed up 0.85% at NT$1,780. The PHLX Semiconductor Sector Index rose nearly 6% as chipmakers rallied. TSMC will report January sales on Feb. 10. The company plans to mass-produce 3-nanometre chips in Japan, CEO C.C. Wei said. The post TSMC stock price jumps as chip rally returns — what to watch before Feb. 10 sales update appeared first on TechStock².
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