TSMC stock soars on strong sales, hitting record high after chip foundry reports January sales growth.

Taiwan Semiconductor Manufacturing, a leading chip foundry, announced robust sales growth figures in January. As a result, TSM stock reached an all-time high, signifying a positive market response. The company's performance reflects a significant increase in demand for its products. This achievement further solidifies TSM's position as a key player in the semiconductor industry. The news of the record high stock price demonstrates investor confidence in the company's trajectory.