AI Powers TSMC's Q4 Earnings Beat: ETFs to Tap
Taiwan Semiconductor Manufacturing (TSM) reported robust fourth-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 also offered a bullish outlook for AI demand.Investors seeking to tap TSM’s growth could consider ETFs having the largest allocation to the world’s largest contract semiconductor manufacturer. These include SP Funds S&P World ex-US ETF (SPWO) , SP Funds S&P Global Technol ...