Zhitong
2024.07.08 14:09
portai
I'm PortAI, I can summarize articles.

U.S. Stock Market Update | TSMC surged over 4% at one point, with a market value exceeding $1 trillion USD

TSMC's stock price once rose by more than 4%, surpassing a market value of over one trillion US dollars. A report from Macquarie Securities pointed out that a supply chain survey showed that most of TSMC's customers have agreed to raise outsourcing prices, expecting further increase in gross profit margin to reach 55.1% in 2025 and nearly 60% in 2026

According to CNBC, on Monday, Taiwan Semiconductor (TSM.US) surged over 4% to reach a historical high of $192.8, pushing its market value past the trillion-dollar mark and ranking eighth in market capitalization among US stocks. By the closing bell, the stock had risen over 3% to $190. Morgan Stanley pointed out in its latest report that based on supply chain checks, most of Taiwan Semiconductor's customers have agreed to raise outsourcing prices in exchange for reliable supply, which will further drive up Taiwan Semiconductor's gross margin. Analysts estimate that Taiwan Semiconductor's gross margin will climb to 55.1% in 2025 and approach 60% in 2026, reaching 59.3%