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Cryptopolitan 2023-09-27 10:56:29

AI Stocks and TSMC Rally in Taiwan Amidst Global Market Uncertainty

Despite heavy losses in the U.S. markets overnight, Taiwan’s stock market rebounded as investors rallied behind contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) and select companies involved in artificial intelligence (AI) development. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), defied initial losses to close slightly higher, demonstrating resilience amidst global market ... Read more

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