Why Taiwan Semiconductor Manufacturing Stock Is Jumping Today

After sell-offs yesterday, Taiwan Semiconductor Manufacturing (TSM 4.44%) stock is regaining ground in Friday's trading. The company's share price was up 4.5% as of 3:30 p.m. ET. Meanwhile, the S&P 500 index was up 1.6%, and the Nasdaq Composite was up 2%.TSMC stock saw substantial sell-offs yesterday on news that imported products from China will now be taxed at a 145% rate, but it's roughly bounced back from those losses today. It's been an incredibly volatile week for the stock market, but the chip-fabri ...