Taiwan Semiconductor Manufacturing Company Limited is trading 3.1% up at $2485.00, extending a multi-day rally in June fueled by sustained AI chip demand and positive sentiment toward leading foundries.
- The move continues strong momentum despite a lack of fresh catalysts on June 19, as investors remain focused on the company as a primary semiconductor beneficiary.
- Sentiment remains bolstered by earlier tailwinds from customer announcements and expectations surrounding capacity expansion to meet global demand.