Reported 11 months ago
On June 24, 2024, financial expert Xie Jinhe shared his perspective noting how TSMC's record-high stock prices have led the Taiwanese stock market to soar. Xie highlighted the significant impact TSMC has had on creating a thriving semiconductor industry ecosystem, with many companies experiencing stock price growth due to TSMC's presence. Despite efforts to discredit TSMC, Xie emphasized the positive effects of TSMC's dominance in the market, leading to the growth of various related industries and the emergence of numerous high-value stocks. The article explores how TSMC's success has shaped Taiwan's economic landscape and spurred competition in the semiconductor sector.
Source: YAHOO