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TSMC Soars Most Since 2020 After Broker Upgrades on AI Prospects

(Bloomberg) Taiwan Semiconductor Manufacturing Co. gained its most in more than three years after Morgan Stanley lifted its price target on Nvidia Corp.’s chipmaker by about 9%, citing its growing AI business.Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereIsrael Pulls Out of Peace Talks Over ‘Delusional’ Hamas DemandsDip Buyers Wade Back In to Fuel Wall Street Gains: Markets WrapLyft’s CEO Says ‘My Bad’ on Margin Error, ‘It Was One Zero’Musk Says Putin Can’t Lose ....

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