The world's largest chipmaker hits record highs after avoiding 100% tariffs

Shares of TSMC , the world's largest maker of advanced chips , hit a new all-time high on the Taipei Stock Exchange on Thursday after avoiding the 100% tariffs US President Donald Trump threatened to impose on firms that do not manufacture chips in the United States.

Shares of the Taiwanese semiconductor giant closed today's session up 4.89% on the local stock exchange, reaching 1,180 Taiwan dollars (39.57 dollars, 33.91 euros ), above the previous record of 1,160 Taiwan dollars set on July 31.

TSMC 's strong performance boosted the rest of the companies that make up the Taipei Stock Exchange's benchmark index, the Taiex , which closed the day with a 2.37% gain.

Investors responded in this way to Trump's recent statements, who announced this Wednesday 100% tariffs on imported chips and semiconductors to force them to be manufactured in his country.

" We're going to put a very high tariff on chips and semiconductors . But the good news for companies like Apple is that if they manufacture in the United States or have committed unequivocally to manufacture in the United States , they won't be charged anything," the president said.

In a parliamentary appearance, the head of Taiwan's National Development Council, Liu Chin-ching , assured this Thursday that TSMC already has factories in the United States and that, therefore, it "will not be subject" to this new battery of tariffs, according to statements collected by the Taiwanese news agency CNA.

Khoon Goh , head of Asia research at Australia & New Zealand Banking Group, told Bloomberg that "investors were wary ahead of the semiconductor tariff , but exemptions for Taiwan 's largest company have eased concerns."

"Foreign capital inflows following this news have fueled the strengthening of the Taiwanese dollar. With the dividend repatriation virtually complete and the US dollar under pressure again, we could see further appreciation of the Taiwanese dollar in the short term ," he predicted.

TSMC, which counts Apple , Nvidia, and AMD among its major customers and dominates the advanced chip segment key to developing artificial intelligence applications and devices, has been one of the players most exposed to the volatility caused by the U.S. trade measures.