Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) has demonstrated robust stock performance, achieving a recent high of $226.40 and a 15.8% increase in the last month. Despite global tensions, TSMC is focusing on diversifying its production capabilities. It is increasing investments in U.S. semiconductor manufacturing, particularly in Arizona, while also considering options in the UAE. Analysts forecast a continued positive trajectory for the stock, with expectations of a 46% value increase by the end of the decade, reflecting TSMC's critical role in advancing technologies like AI.
Shares of Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) surged 15.8% over the past month, as they diversify globally despite geopolitical concerns, with significant U.S. investments planned.
TSMC commands over 60% of global chip foundry spending, crucial for AI and advanced technologies, with a projected 46% gain in stock value by decade's end.
Despite geopolitical challenges, TSMC shows a strong stock performance, up 22.7% over three months and 32.5% year-over-year, outpacing the S&P 500.
Wall Street remains optimistic about TSMC, with analysts predicting significant room for growth as the company expands its U.S. manufacturing capabilities.
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