Reported 7 months ago
TSMC's stock price hit a record high of 907 yuan during trading on June 12, driven by high expectations for its advanced manufacturing technology and solid performance. As a global semiconductor leader, TSMC's stock continues to rise due to its leading technological position and strong market demand, especially with the breakthrough of 3-nanometer technology cementing its leadership in high-performance computing (HPC) and artificial intelligence (AI) applications. Analysts predict TSMC's revenue will continue to grow as global demand for 5G, AI, and high-performance computing increases, indicating potential for further stock price growth. TSMC's successful international expansion and partnerships with top global tech companies further enhance its global influence and market competitiveness.
Source: YAHOO