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Arnne Carragie

TSMC (TSM) Gains 2.8% as Market Cap Doubles to $1.42T on 49% EPS Surge and HBM4E Pact

Taiwan Semiconductor Manufacturing Co. (TSM) solidified its absolute dominance of the global technology supply chain on Monday, gaining 2.80% to close at $426.80. The contract chipmaking titan outperformed the broader S&P 500's modest 0.3% rise, rebounding strongly as structural demand indicators for high-performance computing (HPC) completely overshadowed intensifying geopolitical headwinds.
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