(Bloomberg) — Taiwan’s biggest stock is so hot it added $72 billion in just two days — equal to swallowing Goldman Sachs Group Inc. whole.Taiwan Semiconductor Manufacturing Co. rose as much as 9.9% in Taipei on Tuesday, extending a stunning rally that’s made it the world’s 10th largest company. The chipmaker is worth more than $410 billion, leapfrogging past U.S. giants Johnson & Johnson and Visa Inc. Daily stock moves capped at 10% in Taiwan’s equity market.It’s difficult to overstate the influence that TSMC wields on Taiwan’s financial markets. Making up almost a third of the local benchmark, it has …read more
Source:: Yahoo Finance
