Taipei, June 11 -- Taiwan Semiconductor Manufacturing Company (TSMC) climbed to the ninth spot in global market cap for its American depositary receipts (ADRs), overtaking U.S. investment giant Berkshire Hathaway, according to data from company market cap.

According to a report of Focus Taiwan, the milestone followed a positive session on Wall Street, buoyed by optimism over U.S.-China trade negotiations in London. The tech-heavy Nasdaq rose 0.31 per cent, while the Philadelphia Semiconductor Index surged 1.96 per cent.

In the Monday trading session, TSMC's ADRs responded with a 0.89 per cent gain to close at USD 207, raising their market cap to USD 1.07 trillion, just ahead of Berkshire Hathaway's USD 1.06 trillion, which saw a 0.04 pe...