TSMC: Foundry 2.0 Could Supercharge Growth

BING-JHEN HONG/iStock Editorial via Getty Images In our previous analysis, we highlighted Taiwan Semiconductor Manufacturing Company Limited's (NYSE:TSM) (OTC:TSMWF) weakness in 2023 due to low utilization rates amid PC and smartphone market weakness but benefiting from a recovery in the second half with strong orders for its 3nm process technology. We anticipated robust positive growth for TSMC in 2024 supported by its competitive advantages in process technology, partnerships, and AI. In this analysis ...