TSMC stock jumps in U.S., edges up in Taiwan as Arizona push and filings keep investors on U.S. buildout
TSMC shares closed 0.57% higher in Taipei at NT$1,770 on Friday; its U.S. ADR rose 2.29% to $334.87. Taiwan’s president called for more chip investment in Arizona during talks with a U.S. senator. SEC filings showed board changes and routine asset moves in December. CEO C.C. Wei said at Davos that AI demand appears solid, despite industry concerns.