TSMC’s market value fell below 14 trillion yuan, falling out of the world’s top 10 (photographed by reporter Hong Youfang)
[Reporter Hong Youfang / Hsinchu Report]TSMC (2330), the leader in foundry manufacturing, has dived today, with a low of 527 yuan in early trading. Top 10.
Affected by the negative impact, U.S. stocks collapsed on Tuesday, with a tumble of 4.38%. TSMC ADR also fell 3.6% to close at $92.77, and its market value fell to $481.138 billion, overtaken by Johnson & Johnson and UnitedHealth. From the 8th largest to the 11th largest, it fell out of the top 10 companies in the world by market capitalization, but it is still the largest company in Asia by market capitalization.
TSMC’s share price opened lower today, opening at 530 yuan, the lowest dropped to 527 yuan, a sharp drop of 19 yuan, a drop of more than 3%, and the market value fell below the 14 trillion yuan mark.
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