On July 30, Taiwan Semiconductor Manufacturing rose 3.85% in regular trading, trading at $397.23/share, with turnover of $1.002 billion. The stock rebounded sharply from the prior two sessions of earthquake-related declines.
On the news front, Taiwan Semiconductor Manufacturing is developing an AI chip packaging technology similar to Intel's approach, further consolidating its leadership in advanced packaging. Meanwhile, ARK Invest (Cathie Wood) bought against the trend during the recent chip stock selloff, with ARKK, ARKQ, ARKW, and ARKX funds collectively adding $20.1 million worth of shares. Additionally, the company's 1.4nm new factory at its Taichung site is progressing ahead of schedule, with the first building expected to be completed by April next year and trial production potentially beginning in Q3. Samsung has delayed its 1.4nm mass production to 2029, further widening Taiwan Semiconductor Manufacturing's advanced process leadership.
Within the Semiconductors sector, peers posted strong gains, with Micron Technology up 10.6%, SK hynix up 9.78%, Advanced Micro Devices up 9.7%, Intel up 9.13%, and NVIDIA up 1.43%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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