Reported 4 months ago
Artificial Intelligence (AI) is reshaping various industries, including finance and technology, with Taiwan Semiconductor Manufacturing (TSM) strategically positioned as a key player due to its advanced semiconductor process technologies to support AI servers. TSMC expects substantial revenue growth from 3-nanometer and 2-nanometer chips that are crucial in AI data centers. The company's High-Performance Computing business is thriving, showing impressive financials and a reasonable valuation. TSMC's geographic footprint expansion plans in Arizona, Japan, and Germany, along with its pivotal role in AI infrastructure, make it an attractive investment option amidst evolving market conditions.
Source: YAHOO