New Delhi, Jan. 5 -- Taiwan Semiconductor Manufacturing Co. (TSMC) shares soared to a record high of NT$1,650 (USD 52.45), up by NT$65 (USD 2.07) from its previous close during early trading hours on Monday. This surge pushed the company's total market capitalization past the NT$42.78 trillion (USD 1.36 trillion), according to a report by Focus Taiwan.

"Taiwan Semiconductor Manufacturing Co. (TSMC) shares climbed to a record high of NT$1,650 in early trading on Monday, up NT$65 from the previous close. The rise pushed the company's market capitalization past the NT$42 trillion mark to NT$42.78 trillion," the report said. The upward movement followed a significant rally in the global semiconductor sector late last week.

The momentum for ...