Reported about 8 hours ago
Taiwan Semiconductor Manufacturing Company (TSMC) has seen its stock price soar by 110% in the past year, pushing its market capitalization over $1 trillion. With shares currently priced at $213 and nearing a 52-week high, discussions around a potential stock split have emerged. Analysts suggest that a split could indicate confidence from management in the company's continued growth, fueled by anticipated investments in AI. However, some caution remains, as TSMC's valuation measures, similar to the broader market, suggest that despite its high price, the stock may not be overpriced.
Source: YAHOO