Reported 2 days ago
Taiwan Semiconductor (TSMC) faces recent market pressure due to the launch of the Chinese AI chatbot DeepSeek, but this sell-off may provide a strong buying opportunity. TSMC dominates the semiconductor industry with a 90% market share in advanced chips and has impressive financial results, seeing a 39% revenue increase in the last quarter. Additionally, the stock is attractively valued, making it a compelling choice for long-term investors amidst uncertainties in the tech landscape.
Source: YAHOO