Reported about 24 hours ago
Taiwan Semiconductor Manufacturing Company (TSMC) is experiencing a significant stock decline of over 25% amid prevailing negative sentiment in the tech sector due to tariffs affecting manufacturing costs. However, strong sales growth in early 2025, particularly driven by high demand for AI chips, suggests that TSMC may outperform expectations in its upcoming earnings report. With a favorable valuation and the potential for robust earnings growth, TSMC appears to be a solid investment opportunity for those looking to capitalize on the AI chip market.
Source: YAHOO