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Why Taiwan Semiconductor Manufacturing Stock Jumped Today
TSMTSMC(TSM) The Motley Fool·2025-03-20 22:36

Taiwan Semiconductor Manufacturing (TSM 2.17%) stock posted gains in Thursday's trading despite a pullback for the broader market. The company's share price rose 2.1% in the daily session. Meanwhile, the S&P 500 closed out the day down 0.3%, and the Nasdaq Composite was down 0.4% in the session.Taiwan Semiconductor Manufacturing (TSMC) stock is gaining ground today following indications that the company will not purchase Intel's chip foundry business. Some reports have suggested that TSMC could buy Intel's ...