TSMC drives Taiwan stocks upward, closing 165 points higher
The rise in TSMC’s stock was a key factor in the overall market performance, reflecting renewed investor confidence in the technology sector. As one of the largest semiconductor manufacturers globally, TSMC plays a crucial role in the Taiwanese economy, and its stock movements often have a ripple effect across the market. Analysts noted that the company's robust earnings reports and optimistic forecasts contributed to the positive momentum, attracting both local and foreign investors.
