---
title: "U.S. Stock Market Update | Taiwan Semiconductor Rises Over 1.5%, Continues to Hit Historic Highs, Total Market Value Reaches 1 Trillion U.S. Dollars Again"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216765635.md"
description: "On Monday, Taiwan Semiconductor rose more than 1.5% after the opening, hitting a new historical high with a total market value once again reaching $1 trillion. As of the time of publication, it fell to 0.73%, trading at $192.21. On the news front, due to surging demand, the market expects TSMC's profit to increase by 40% in the third quarter. According to LSEG SmartEstimate's forecast, TSMC is expected to achieve a net profit of NT$298.2 billion ($9.27 billion) in the quarter ending September 30. In comparison, the net profit for the third quarter of 2023 was NT$211 billion. TSMC will hold a quarterly earnings conference call on Thursday to update its performance outlook for the quarter and the full year, including its capital expenditures for expanding production"
datetime: "2024-10-14T14:38:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216765635.md)
  - [en](https://longbridge.com/en/news/216765635.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216765635.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216765635.md) | [繁體中文](https://longbridge.com/zh-HK/news/216765635.md)


# U.S. Stock Market Update | Taiwan Semiconductor Rises Over 1.5%, Continues to Hit Historic Highs, Total Market Value Reaches 1 Trillion U.S. Dollars Again

According to the Zhitong Finance and Economics APP, on Monday, Taiwan Semiconductor (TSM.US) rose by over 1.5% after the opening, hitting a new historical high, with a total market value once again reaching 1 trillion US dollars. As of the time of publication, it has fallen by 0.73% to $192.21. In terms of news, due to surging demand, the market expects Taiwan Semiconductor's profit to increase by 40% in the third quarter. According to LSEG SmartEstimate's forecast, Taiwan Semiconductor is expected to achieve a net profit of NT$298.2 billion (USD 9.27 billion) in the quarter ending September 30. In comparison, the net profit for the third quarter of 2023 was NT$211 billion. Taiwan Semiconductor will hold a quarterly earnings conference call on Thursday to update its performance outlook for the quarter and the full year, including its capital expenditures for expanding production

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- [Taiwan Semiconductor Manufacturing Company Limited (TSM.US)](https://longbridge.com/en/quote/TSM.US.md)

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