TSM up 0.74% amid U.S. tech rally spillover and Taiwan market strength

Taiwan Semiconductor Manufacturing Company (TSM) is trading up 0.74% to $295.46 after announcing significant corporate updates, including the approval of US$15.1B in capital expenditures aimed at advanced technology and R&D.

• The company reported a NT$23.5B bond issuance as part of its recent SEC updates.
• Taiwan shares rose 1.71%, closing at NT$1,490, driven by local investor buying following the U.S. tech rally.
• The positive movement aligns with the company's Q3 foundry dominance, which holds a 72% market share driven by AI demand.