TSMC (TSM) Soars to Record NT$2,360; Market Cap Hits NT$61 Trillion on AI Demand

Taiwan Semiconductor Manufacturing Co. (2330-TW, TSM) shares surged to an all-time high of NT$2,360 on May 28, 2026, pushing its market capitalization to a record NT$61 trillion (US$1.9 trillion). The rally extends the chipmaker’s dominance as the primary beneficiary of the artificial intelligence boom. Nvidia CEO Jensen Huang reaffirmed Taiwan as the center of the AI revolution, stating Nvidia’s annual spending in the region will rise from roughly $100 billion toward $150 billion. TSMC, as Nvidia’s key manufacturing partner, is expected to capture the bulk of these investments. Separately, reports indicate TSMC will raise prices for its advanced 3-nanometer process by 15% in the second half of 2026, with additional increases of 5–10% possible in 2027, strengthening its revenue outlook. Chairman C.C. Wei also addressed employee concerns over reduced bonus ratios, assuring that total bonuses will still grow at least 30% this year, while reiterating TSMC’s commitment to shareholders and sustainability.