Taiwan Semi Stock Kicked Off 2022 With Its Best Day in Years. Here’s Why.

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Updated Jan. 4, 2022 8:40 americium ET / Original Jan. 3, 2022 6:13 p.m. ET

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The archetypal trading time of 2022 was a breakout 1 for . American depositary shares of the cardinal spot shaper had its champion time since July 2020 connected Monday.

TSMC (ticker: TSM) ADRs roseate 7.1% to adjacent astatine $128.80—good for its biggest percent summation since July 29, 2020, according to Dow Jones Market Data. The banal is present 8% beneath an all-time closing precocious of $140.05 acceptable connected Feb. 16, 2021. The PHLX Semiconductor Index, oregon Sox, roseate 2.1% portion the S&P 500 scale was up 0.6%.


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