tsmc stock reaches new high amid foreign sell-offs
Hsinchu City, Thursday, 9 January 2025.
tsmc’s stock has hit a record trading high of 1,160 yuan, despite substantial sell-offs by foreign investors. This suggests a strong market performance and enduring confidence from investors. The stock’s price later adjusted to 1,189.04 yuan in after-hours trading, marking a significant milestone. The surge in stock value came as a surprise to many, especially given the foreign sell-offs. This performance highlights the company’s robust position in the market, even as some investors chose to capitalize on their gains. The record-breaking after-hours trading price reflects the company’s growing appeal and potential for future growth. Investors continue to show faith in tsmc’s capabilities and prospects, underscoring its importance in the global tech landscape. The stock’s resilience amid foreign sell-offs further cements its reputation as a key player in the semiconductor industry.
Record-breaking trading session
TSMC achieved a significant milestone as its stock reached a new trading high of 1,160 yuan during regular trading hours [1]. Despite foreign investors executing substantial sell-offs, the stock demonstrated remarkable resilience, closing with a 5 yuan increase at 1,130 yuan [1]. The after-hours trading session saw an even more impressive performance, with the stock reaching 1,189.04 yuan [1].
Trading volume and institutional activity
The trading session witnessed significant institutional activity, with 17 major block trades totaling 4,066 lots and a transaction value of 46.37 billion yuan [1]. Foreign investors sold 4,270 lots over two consecutive sessions, while investment trusts divested 291 lots. However, proprietary traders maintained their confidence by purchasing 674 lots [1].
Market outlook and upcoming catalysts
Market attention is now focused on TSMC’s upcoming investor conference on January 16 [1]. Analysts are particularly interested in five key areas: operational outlook, capital expenditure, advanced process and packaging capacity progress, AI market prospects, and Intel’s order status [1]. The company’s previous guidance suggested Q4 2024 revenue growth of 11.1% to 14.5% in USD terms [1].
Technology leadership position
TSMC maintains its technological edge over competitors, with reports indicating its process technology leads Samsung by approximately three years and Intel by one year in terms of performance, power consumption, and area metrics [1]. The company’s 2nm process technology remains on schedule for mass production in late 2025, with commercial products expected to launch in Q2 2026 [1].