Reported 11 months ago
Artificial intelligence (AI) is a leading trend in investing, with the global AI market forecasted to generate trillions in revenue. Taiwan Semiconductor Manufacturing (TSMC) is a key player, powering the AI semiconductor market by producing chips for companies like Nvidia and Intel. With a high factory-utilization rate and plans for capacity expansion, TSMC is expected to capitalize on the AI opportunity and experience substantial revenue growth over the next decade. Analysts project significant earnings growth for TSMC, making it an attractive investment for those looking to benefit from the AI boom.
Source: YAHOO