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TSMC leads chipmaker plunge as trade resumes after typhoon pause
TSMC leads chipmaker plunge as trade resumes after typhoon pause
Economy
by  AFP

Taiwanese giant TSMC tumbled with several other leading chip makers Friday as traders returned from a typhoon-imposed two-day break to play catch-up with a global tech rout. The rally in all things tech helped TSMC, which is also listed in New York, to briefly break the US$1 trillion market capitalisation barrier this month, putting it ahead of Tesla as the seventh most valuable technology firm.