Hot topic on WSB: Taiwan Semiconductor breaks $700 billion, hitting a 30-year high!
Taiwan Semiconductor currently ranks ninth in the world in terms of market value, which is approximately 2.3 times that of the largest A-share company, CHINA MOBILE.
NVIDIA, AMD, SMCI, and other popular stocks hit new highs overnight.
Some AI concept stocks surged, with small-cap companies BBAI and GFAI rising by 25% and 15% respectively. For more information:
WSB Hot Topic | AI Concept Stocks Can't Hold Back Anymore! AI Heat Keeps Rising
Benefiting from the AI wave driving chip demand, TSMC (SMCI) surged nearly 6% intraday and closed with a 3.26% increase, reaching a new high since the beginning of 2022 and a 30-year high:
Currently, TSMC ranks ninth globally with a market value of $717 billion (approximately 5.16 trillion RMB), about 2.3 times the market value of China Mobile, the largest A-share company (2.24 trillion RMB). Since releasing its financial report in January, TSMC has accumulated a 40% increase.
Recently, BTC has been steadily rising, and blockchain concept stocks continue to be on the rise. MSTR surged 23.6% overnight, hitting a historical high, while MARA fell by nearly 5%.
Nio will release its earnings report before the US stock market opens today, with the stock price currently at $5.33, near a 3-year low and far from its historical peak of $66.99. For more information:
Data Source: apewisdom, the most discussed stocks in the past 24 hours
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