TSM is trading at $374.63 (+3.51%) following record January revenue of NT$401.6 billion, marking a 37% year-over-year increase and the highest monthly sales in company history.
- The results beat full-year growth expectations, signaling sustained demand for high-end AI chips from major clients including Nvidia and Apple.
- Support is bolstered by tariff exemptions for U.S. tech clients tied to the company's $165 billion investment in domestic manufacturing.
- The sharp rally outpaces the broader market, with the Nasdaq gaining 0.47% during the session.