Here's Why Taiwan Semiconductor Is Up 63% in the First Half of 2024
TSMTSMC(TSM) The Motley Fool·2024-07-17 21:08

AI is driving strong demand for Taiwan Semiconductor and its high-profile customers.Shares of Taiwan Semiconductor Manufacturing (TSM 0.44%), also known as TSMC, rose 63% in the first six months of 2024, according to data provided by S&P Global Market Intelligence. TSMC is the world's biggest microchip manufacturer, and its list of customers includes several of the largest semiconductor companies. It's been producing impressive financial results as the semiconductor industry rebounds from a cyclical slowdow ...