Taiwan Semiconductor Manufacturing Co. shares rose as much as 4.8% to a record after Taiwan’s Financial Supervisory Commission relaxed a rule raising the single-stock cap in local equity funds and active ETFs to 25% from 10%. The move is expected to support inflows of more than $6 billion, according to JPMorgan Chase & Co., which said it could help the Taiex Index reach 40,000 points. The bank’s sales desk noted the change lifts a constraint that had limited exposure to TSMC amid AI-driven inflo

Taiwan Semiconductor Manufacturing Co. shares rose as much as 4.8% to a record after Taiwan’s Financial Supervisory Commission relaxed a rule raising the single-stock cap in local equity funds and active ETFs to 25% from 10%. The move is expected to support inflows of more than $6 billion, according to JPMorgan Chase & Co., which said it could help the Taiex Index reach 40,000 points. The bank’s sales desk noted the change lifts a constraint that had limited exposure to TSMC amid AI-driven inflows. JPMorgan also upgraded Taiwan to overweight, citing improved AI monetization visibility and rising hardware pricing.