tsmc stock hits historic high in taiwan market
Taipei, Tuesday, 31 December 2024.
tsmc’s stock price reached a record high in a major paired transaction on the Taiwanese market. This achievement underscores strong investor confidence in the semiconductor giant. The transaction was completed at a historic price of 1,104.41 NTD per share, marking the second-highest closing price ever for the company. This surge in stock value could significantly enhance tsmc’s global market influence and increase its stock valuation. Despite a broader market decline, tsmc’s impressive performance reflects its pivotal role in the semiconductor industry, especially with the rising demand for AI technology. The company’s expansion, including a new fabrication plant in Japan, positions it well to meet growing chip demands. As tsmc continues to expand its operations and influence, this stock milestone could be a precursor to further growth and market dominance in 2025.
Market details of the historic transaction
The significant paired transaction involved 50 lots of TSMC shares trading at 1,104.41 NTD, reaching a total transaction value of 55.22 million NTD [1]. This occurred while TSMC’s regular trading closed at 1,090 NTD [1]. The company’s remarkable performance stands out against the backdrop of Taiwan’s broader market, which saw a decline of 155 points [1]. TSMC’s stock has demonstrated exceptional growth in 2024, surging by over 90% throughout the year [2].
Financial performance and market position
TSMC’s strong market position is reflected in its impressive financial metrics, with third-quarter revenue rising 36% year over year to $23.5 billion and gross margins improving by 460 basis points to 57.8% [2]. The company’s market capitalization has reached $1.039 trillion USD, making it the world’s 10th most valuable company [4]. Morgan Stanley anticipates further growth, projecting price increases in 2025 due to strong demand for AI and other chips [2].
Global expansion and technological leadership
TSMC’s market strength is bolstered by its strategic expansion, including a new fabrication facility in Japan that has begun mass chip production [2]. The company maintains its technological edge with major clients including Apple, Nvidia, and Broadcom [2]. In the United States, TSMC operates a 3.5-million-square-foot chip fabrication plant, recognized as the country’s most advanced semiconductor facility [3]. Industry analyst Doug O’Laughlin notes that tariff threats are unlikely to affect TSMC’s market dominance [3].