Taiwan Semiconductor rose by about 5.2%, hitting a new intraday historical high of $148.97, with a market value exceeding $770 billion.Morgan Stanley raised the target price of the stock from NT$758 to NT$850, confirming a buy rating; Taiwan Semiconductor is also the bank's top pick.Morgan Stanley analyst Charlie Chan wrote that after the bank's technology, media, and telecommunications conference, the target price for Taiwan Semiconductor was raised; at the conference, &#34;we are optimistic about the company's long-term growth and pricing power.&#34;Industry surveys show strong demand for AI semiconductor orders, and it appears that generative AI semiconductors are a growth driver for Taiwan Semiconductor.Nvidia briefly rose by 4%, hitting a new intraday high of $922.75, with a market value approaching $2.3 trillion; AMD's US stocks rose by about 1.4% in early trading, hovering around the historical high of $214.81 set on March 6th.

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Taiwan Semiconductor rose by about 5.2%, hitting a new intraday historical high of $148.97, with a market value exceeding $770 billion.

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Taiwan Semiconductor surged over 5%, hitting a record high, as Morgan Stanley raised its target price.