Reported 9 days ago
Taiwan Semiconductor Manufacturing Company (TSMC) is poised to become the next company to reach a trillion-dollar market cap, driven by its technological dominance in producing advanced semiconductors vital for artificial intelligence (AI) operations. With a current market cap of approximately $968 billion and a significant share of the semiconductor manufacturing market, TSMC is positioned to benefit from the increasing AI spending expected to soar beyond $600 billion by 2028. Given its consistent earnings growth and superior technology, TSMC is well-placed for future financial success.
Source: YAHOO