Taiwan Semiconductor Concept Stocks Surge Ahead of Investor Conference

Reported 12 months ago

Taiwan Semiconductor's investor conference will take place on July 18, 2024. On July 3, the stock price rose sharply, closing at the highest price of 979 NT dollars, with related concept stocks like TSMC, Everspin Semiconductor, and others reaching historical highs. Analysts expect the positive momentum to continue until 2025 due to strong fundamentals in the supply chain and orders for advanced processes, such as the potential use of TSMC's 3nm chips in Apple's new AI products. Overall, the market anticipates bullish signals from the upcoming investor conference, driving vibrant performances in the related stocks beforehand.

Source: YAHOO

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