TSMC record profit drives TAIEX’s 1.9 percent rise - News Summed Up

TSMC record profit drives TAIEX’s 1.9 percent rise


TSMC record profit drives TAIEX’s 1.9 percent riseStaff writer, with CNAThe TAIEX yesterday surged almost 2 percent and smashed closing records, as investors were pleasantly surprised by Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) fourth-quarter results and strong growth prospects this year, analysts said. The weighted index closed up 598.12 points, or 1.94 percent, at 31,408.70 on turnover of NT$823.36 billion (US$26.08 billion). A man walks pass stock electronic boards at Taiwan Stock Exchange Corp in Taipei yesterday. Photo: CNAFor this year, it forecast that revenue would surge almost 30 percent, while capital expenditure would rise to a record US$52 billion to US$56 billion. Foreign institutional investors yesterday net bought NT$39.92 billion in shares, Taiwan Stock Exchange data showed.


Source: Taipei Times January 16, 2026 16:14 UTC



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