Reported 1 day ago
Taiwan Semiconductor Manufacturing Company (TSMC) is poised for a remarkable upcoming quarter, benefiting from the booming demand for artificial intelligence (AI) semiconductors as big tech companies invest heavily in data centers. TSMC, dominating over 70% of chip manufacturing, has exceeded its sales forecasts and continues to grow its market share through advanced technology. Analysts predict a significant increase in revenue driven by strong chip demand and price hikes for its newer processes, positioning TSMC for sustained growth in the coming years.
Source: YAHOO