U.S.-listed shares of tech giants are gaining some lost ground this morning after a China-based startup shocked the AI world with a powerful LLM. Yesterday, shockwaves rippled across the American tech industry after news spread over the weekend about a powerful new large language model (LLM) from China called DeepSeek.
Taiwan Semiconductor Manufacturing's Q4 sales surged 37%, with expanding margins. Find out why TSMC stock presents a buy opportunity with 17% upside.
Taiwan Semiconductor Manufacturing Company (TSMC) has responded to President Trump's recent threats to implement trade tariffs on electronics.
Taiwan Semiconductor Manufacturing Company reported robust 4Q24 earnings. Read more to see what makes TSM stock a top pick for AI investors.
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TSMC manufactures more than 90% of the world’s most advanced logic chips, making it the world leader in semiconductor manufacturing. Back in 2020, it announced the creation of TSMC Arizona and an initial $12 billion commitment to building its first U.S.-located advanced fabrication plant in Phoenix.
TSMC has been promised $6.6 billion under the Biden-administration’s CHIPS and Science ACT to help build three cutting-edge chip fabrication plants in Arizona.
TSMC, the world’s largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
Today, most of the world's semiconductor manufacturing comes from TSMC, which has spent years expanding its operations in Taiwan as a hedge against Chinese aggression. The world needs TSMC, which helps to keep the CCP's "one China" rhetoric just that—rhetoric.
TSMC, which makes chips for Nvidia, reported net income of $11.6 billion. Its CFO said this was supported by "strong demand" for its advanced chips.
TSMC is at the center of AI growth, with the US relying on its chips. Read why TSM stock is a strong hold, as its success is key to US AI leadership.