Taiwan Semiconductor Stock Pops on Possible Japan Plans

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) is considering building advanced packaging capacity in Japan, which could boost the country's semiconductor industry. The security is up 2.7% at $140.28 at last check, climbing back towards its March 8, all-time high of $158.40, with support from the 20-day moving average. TSM is already up more than 34% in 2024.The brokerage bunch leans bullish, with eight of nine analysts in coverage calling Taiwan Semiconductor stock a "buy" or better. Bull notes could still ...