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Why Taiwan Semiconductor Manufacturing Stock Popped on Tuesday
TSMTSMC(TSM) The Motley Fool·2024-06-18 18:33

TSMC isn't a cheap stock -- but it's probably not going to get much cheaper than this for the next couple of years.Taiwan Semiconductor Manufacturing (TSM 2.09%) stock was up 2.1% through 2 p.m. ET Tuesday. As hometown daily paper DigiTimes reported this morning, Intel has tapped TSMC to manufacture its new line of 3nm semiconductor chips for notebook computers.What's more, production of the chips is already commencing. What it means for Intel... and for TSMCThis sounds like good news for Intel... and for T ...