TSMC's growth was driven by strong demand for artificial intelligence technology, yet the market remains skeptical about the sustainability of this trend.
CC Wei, TSMC's chairman and CEO, stated, 'The demand for AI is real.' He emphasized that TSMC’s use of AI has led to greater productivity.
While some investors are concerned about an AI bubble, Wei indicated that TSMC's experience demonstrates tangible returns on AI investments, suggesting that this demand is just beginning.
Despite closing 0.96% lower on Thursday, TSMC's stock has risen nearly 75% year-to-date, indicating ongoing investment enthusiasm in the AI sector.
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