On November 5, 2025, TSMC North America announced the appointment of Sajiv Dalal as CEO, effective January 1, 2026, following a leadership restructuring. This move is part of TSMC’s broader strategy to strengthen its North American operations, which have seen increased investment and profitability, especially in Arizona, supporting major clients like Apple and Nvidia[1][2]. TSMC stock is trading at $294.91 (+0.29%) as of midday, rebounding slightly after a 3.55% decline on November 4, 2025. The modest gain today aligns with positive market sentiment and investor optimism about TSMC’s expansion and advanced chip technology leadership[1][3]. No other major company-specific news or earnings releases were reported. The stock’s movement is primarily attributed to the CEO appointment and ongoing expansion plans, with broader market strength also providing support.
TSMC North America Appoints New CEO Amid Expansion Push
TSM
Related News
TSM
Wall Street Projects TSMC Dominance Through 2027 as Rivals Lag by Four Years
TSM
TSMC Leverages Pricing Power Amid Geopolitical Standoff over U.S. Expansion
TSM
TSM Upgraded to Buy by DA Davidson Amid Strong AI-Driven Momentum
TSM
Daniel Loeb’s Third Point Slashes TSMC Stake in Broader Tech Reshuffle
TSM