From salsa to software, having muscle to hike prices lifts stocks

TSMC, Microsoft and Chipotle see shares soar after passing costs to customers

20210914N Chipotle sign REUTERS

Chipotle Mexican Grill's share price has soared since the U.S. restaurant chain raised menu prices. © Reuters

RIONA GOMI, Nikkei staff writer

TOKYO -- Businesses that can pass along higher costs by raising prices for products ranging from chicken burritos to silicon chips have become the new darlings of global stock markets.

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