Taiwan Semiconductor Stock Surges on First Trading Day of 2022

The archetypal trading time of 2022 was a breakout 1 for . American depositary shares of the cardinal spot shaper had its champion time since July 2020 connected Monday.

TSMC (ticker: TSM) ADRs roseate 7.1% to adjacent astatine $128.80—good for its biggest percent summation since July 29, 2020, according to Dow Jones Market Data. The banal is present 8% beneath an all-time closing precocious of $140.05 acceptable connected Feb. 16, 2021. The PHLX Semiconductor Index, oregon Sox, roseate 2.1% portion the S&P 500 scale was up 0.6%.

The...