Why TSMC (TSM) Outpaced the Stock Market Today
In the latest trading session, TSMC (TSM) closed at $197.61, marking a +1.42% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.58%. Elsewhere, the Dow saw an upswing of 0.51%, while the tech-heavy Nasdaq appreciated by 0.81%.Heading into today, shares of the chip company had gained 10.45% over the past month, outpacing the Computer and Technology sector's gain of 7.05% and the S&P 500's gain of 4.61% in that time.The investment community will be closely monitoring t ...