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Kiplinger
Kiplinger
Business
Joey Solitro

Taiwan Semiconductor Stock Hits a $1 Trillion Market Cap After Earnings

Taiwan Semiconductor logo on smartphone with computer keyboard in background under red lighting.

Taiwan Semiconductor Manufacturing (TSM) stock is soaring Thursday and is on track to close with a trillion-dollar market cap for the first time ever. This comes after the integrated circuits and chip manufacturer beat top- and bottom-line expectations for its third quarter and issued a strong outlook for its fourth quarter.

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