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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. surged as much as 4.6% Friday after investors bet the world’s most valuable chipmaker would be among the first to emerge from an industry downturn in 2023.Most Read from BloombergThe Document That Separates Biden and TrumpElon Musk Fan With 2,900% Gain Sees $1.5 Million Wiped AwayWall Street’s Lucrative Leveraged-Debt Machine Is Breaking DownTesla Slashes Prices Up to 20% in Broad Bid to Boost SalesT-Mobile Considers Buying Ryan Reynolds’s Mi
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