Catenaa, Monday, July 21, 2025- TSMC market value closed above $1 trillion for the first time in Taipei last week, with a raised sales forecast driven by robust artificial intelligence demand.
Taiwan Semiconductor Manufacturing Company, main supplier of chips to Apple and Nvidia, saw its Taiwanese shares climb to a record high on Friday, a near 50% rise from an April low.
That has made it the first Asian stock worth more than $1 trillion, since PetroChina Co. briefly reached the milestone in 2007.
TSMC’s stock surge reflected growing investor confidence that the world’s top chipmaker will ride the AI boom to even greater dominance.
The company raised its full-year revenue growth forecast to about 30% last week, signaling TSMC may benefit in a tightening race for AI manufacturing capacity.
“We think that TSMC’s tone towards advanced node demand is even more positive with AI customers showing no signs of demand slowdown,” wrote Goldman Sachs Group Inc. analysts, including Bruce Lu, after TSMC’s quarterly earnings. “We expect to see a higher magnitude of price hike in 2026.”
TSMC’s American depositary receipts were valued at around $1.2 trillion as of the close on Friday. Owning ADR shares has been more convenient for foreign investors as converting the Taipei-listed stock into the US equivalent needs regulatory approval.
TSMC US stock gained by 5.1% last week, taking its total gains to 14.7% since June 18 and almost 20% so far this year.
