TSMC closes at a record NT$2,575 on Oct 5 as US tech rebounds and AI demand holds

TSMC's Taipei-listed shares rose 3% to a record close of NT$2,575 on October 5, with an intraday high of NT$2,580. The move came as US technology stocks rebounded and lifted the chip sector, and the TAIEX gained 2.55% to 49,712.04. With TSMC at more than 40% of the Taiwan market's value, its moves drive the index.

• Close NT$2,575, up 3% on the day; intraday high NT$2,580
• Market value about NT$66.9 trillion, roughly US$2.5 trillion
• TAIEX closed at 49,712.04, up 2.55%
• Stated drivers: a rebound in US tech stocks and continued AI-related demand