The TSMC stock is surging after the chipmaking giant delivered a jaw-dropping Q3 performance that far exceeded expectations. Fueled by accelerating AI demand, the company posted a 30 % year-on-year revenue jump, sending invstor confidence into overdrive. Q3 Blowout: Why TSMC Beat on AI Demand TSMC reported revenues of TWD 989.92 billion (~US $32.47 billion)…
Do you know that nearly every smartphone, gaming console, or AI device you use depends on just one company to work? That company is TSMC, short for Taiwan Semiconductor Manufacturing Company. It makes over 90% of the world’s most advanced computer chips, and big tech names like Apple, NVIDIA, and AMD rely on it every…
TSMC (Taiwan Semiconductor Manufacturing Co.) has made waves on Wall Street as its stock surged following a remarkable 40% growth in May’s revenue. This robust performance is largely attributed to the increasing demand for AI chips, positioning TSMC as a key player in the global artificial intelligence supply chain. In this article, we’ll explore the…