Taiwan Semiconductor (TSM.US) hit a new high on the Taiwan Stock Exchange today (4th), surpassing NT$1,000 for the first time. It reached a high of NT$1,005 and closed at NT$1,000, up 2.2%, with a market cap of NT$26 trillion. According to **** media United Daily News citing analysts, after TSMC became a thousand-dollar stock, the price per unit of rise and fall changed from NT$1 to NT$5. As TSMC accounts for about 31% of the weight of the Taiwan Stock Exchange, each 5-NTD unit movement would affect the index by 37.5 points, thereby instantaneously increasing its psychological impact on the large-cap indices.

Wei Zhejia, Chairman of TSMC, took office on **** and has been in office for just one month. The stock price has risen from NT$839 at the closing on that day to surpass the milestone of NT$1,000 today, an increase of 19%. In addition, TSMC will hold an earnings conference on the 18th of this month, which is regarded by the market as an important indicator to interpret the trend of the semiconductor market in the second half of the year.

Morgan Stanley recently published a report indicating that Apple's (AAPL.US) next-generation AI server chip may adopt TSMC's chip stacking technology. TSMC's stock rose 3.9% in the U.S. stock market overnight (3rd) and slightly fell 0.3% after hours.