Reported 2 days ago
Taiwan Semiconductor Manufacturing Company (TSM) has joined the prestigious trillion-dollar market cap club, boasting a remarkable 61% net profit increase and quarterly revenue exceeding $30 billion. As AI giants like Apple and Nvidia rely on TSM’s advanced chips, the company eyes a $100 billion U.S. investment to bolster production with new fabrication plants. Analysts project continued earnings growth, suggesting holding or buying TSM stock may be wise, as the company remains a pillar of the global chip industry.
Source: YAHOO