U.S. Stocks in Motion | Discussing Joining Terafab Project, TSMC (TSM.US) Rises About 1.4% to a New High

Zhito Finance APP has learned that on Monday, Taiwan Semiconductor Manufacturing Company (TSM.US) rose during intraday trading. As of press time, it was up about 1.4% at $479, with a market capitalization of about $2.49 trillion, hitting a record high. On the news front, according to media reports, TSMC is evaluating cooperation with Tesla and SpaceX CEO Elon Musk's Terafab super wafer fab project in Texas to establish advanced end-to-end semiconductor manufacturing capacity in the United States. In response, Musk personally confirmed the news on the social media platform "X." TSMC officially maintained its usual low profile and made no public response.