Taiwan Semiconductor Manufacturing (TPE:2330), or TSMC, acquired corporate bonds worth $9.9 million on behalf of its unit, TSMC Global, according to a Monday Taiwan Exchange filing.
Shares gained about 2% in Tuesday's afternoon trade.
The purchase involved 100,000 units priced at $98.57 each. The investment is part of the group's fixed income strategy.
The securities investment accounts for 6.07% of total assets and 8.15% of equity.
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