Woofun AI reports that TSMC is preparing to increase foundry pricing for advanced process nodes by 5% to 10% amid large-scale expansion, alongside updates on AI chip progress. Susquehanna Financial Group raised its target price for TSMC to $575, catalyzing a stock price rally. On the Hyperliquid platform, the TSM perpetual contract traded at $446, marking a 1.2% gain over the previous 12 hours.

The contract previously dipped near the on-chain long average entry cost of $437.5 before recovering, pushing prices above this threshold and restoring profitability for long positions. A prominent on-chain short whale maintains a 3x leveraged short position valued at approximately $1.13 million, with an entry average of $414.28. Currently trading 7.7% above this cost basis, the position carries a floating loss of roughly $81,100 (-20%) and a liquidation price of $559.37. Total on-chain short exposure stands at approximately $3.28 million, countered by long positions worth about $1.37 million.