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Will Taiwan Semiconductor Manufacturing Be a Trillion-Dollar Stock by 2025?
TSMTSMC(TSM) The Motley Fool·2024-06-13 13:02

The leading chip foundry is closing in on that milestone.Semiconductor stocks have been roaring higher over the past year as demand for artificial intelligence (AI) chips has surged, which is evident from the 57% gains clocked by the PHLX Semiconductor Sector index during the period. Foundry giant Taiwan Semiconductor Manufacturing (TSM 4.39%), popularly known as TSMC, has also benefited, clocking gains of 71% over the past 12 months.This healthy surge in TSMC stock has brought the company's market cap to $ ...