Taiwan Semiconductor is trading 6.1% up at $46.08 as the stock bounces from recent semiconductor weakness amid broader tech risk-on buying.
- Investors are monitoring the impact of a 7.1 magnitude earthquake in Japan’s Kumamoto Prefecture, which forced the evacuation of a company facility and raised concerns regarding potential production disruptions.
- Despite the earthquake news, the stock remains resilient as a sector-wide rally in chips continues to drive buying interest and offset localized operational risks.