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ETFs in Focus Post TSMC's Q2 Earnings Beat
TSMTSMC(TSM) ZACKS·2024-07-22 16:10

Taiwan Semiconductor Manufacturing (TSM) reported robust second-quarter 2024 results, wherein it beat estimates for both the top and the bottom lines on surging demand for advanced chips used in AI applications. This Taiwan-based chipmaker lifted revenue growth projects for the full year, reflecting its confidence in the longevity of the global AI spending boom.Investors seeking to tap TSM growth could consider ETFs having the largest allocation to the world’s largest contract semiconductor manufacturer. Th ...