TSMC’s ADRs reach record US$1.657tn, becoming sixth-largest market cap firmBy Chen Cheng-hui / Staff reporterThe value of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) American depositary receipts (ADRs) reached a historic high on Friday, after the leading contract chipmaker’s Taipei-listed shares continued to break records amid an artificial intelligence (AI) boom. Photo: BloombergNvidia remained the world’s largest stock, with a market cap of US$4.597 trillion on Friday, ahead of Apple Inc at US$4.021 trillion. Alphabet Inc ranked third with a market value of US$3.806 trillion, followed by Microsoft Corp at US$3.515 trillion and Amazon.com Inc at US$2.421 trillion, CompaniesMarketCap’s data showed. TSMC’s Taipei-listed shares hit a new high of NT$1,585 on Friday, lifting its market value to NT$41.1 trillion (US$1.31) last week, Taiwan Stock Exchange data indicated. Aletheia Capital also raised price targets for TSMC’s Taipei-listed shares from NT$2,100 to NT$2,400 and its ADRs from US$450 to US$500, the note said.

Source: Taipei Times January 04, 2026 16:17 UTC