Taiwan Semiconductor’s stock heads for a record after regulator rewrites rules for local investors

taiwan semiconductor manufacturing co. shares jumped friday and are heading for a record close. taiwan's regulators loosened restrictions on how much local investors can put into the company. the rule change applies specifically to tsmc, which makes the advanced ai chips that companies like nvidia and apple rely on. the stock has been on a strong run this year as demand for ai hardware keeps climbing. friday's move adds another tailwind from the domestic side.