TSMC shares reached a new historical high on the Taiwan Stock Exchange on April 15. The rally followed a 2.79% increase in the company's American Depositary Receipts overnight. Market capitalization surged to a record NT$54.45 trillion during the trading session.
Investors expect record-breaking results at the quarterly earnings announcement scheduled for April 16. Soaring demand for advanced chips used in AI applications drives the positive market sentiment. The company remains in a designated quiet period until the official release.