Reported about 2 months ago
Taiwan Semiconductor Manufacturing Company (TSMC) is expected to join Nvidia in the trillion-dollar valuation club due to its dominant position in chip fabrication, accounting for about 60% of the foundry market. With significant growth anticipated in AI-related investments from major tech companies, TSMC's advanced manufacturing capabilities and expected revenue increases make it a prime candidate for substantial future expansion. Analysts project TSMC will continue to thrive, benefiting from rising demand and a strong outlook for earnings growth.
Source: YAHOO