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TSMC Trading Volume Surges 61.61% to 22.99 Billion Ranking 22nd in Market Activity
Generated by AI AgentAinvest Volume Radar
Thursday, May 22, 2025 7:50 pm ET1min read
On May 22, 2025, TSMC's trading volume reached 22.99 billion, marking a 61.61% increase from the previous day, ranking 22nd in the day's market activity. TSMC's stock price rose by 2.31%.
Cathie Wood's hedge fund, Ark Invest, has made significant investments in Taiwan Semiconductor Manufacturing Company Limited (TSMC). On May 20, Ark Invest purchased millions of shares of
, indicating a strong bullish stance on the semiconductor industry. This move aligns with Wood's strategy to focus on innovation and emerging technologies.Ark Invest's recent acquisition of TSMC shares reflects a strategic shift towards non-Nvidia chip stocks. The Ark Innovation ETF bought 27,099 shares of TSMC, further emphasizing the fund's confidence in the company's future potential. This investment is part of a broader trend of increased interest in the semiconductor sector, driven by the growing demand for advanced chip technology.
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