1 Favorable Trend That Explains the 68% Increase in Taiwan Semiconductor Manufacturing's Share Price This Year
TSMC(TSM) The Motley Fool·2024-08-30 18:00
At the foundation of the artificial intelligence pipeline are the high-performance chips TSMC manufactures.No other company is as synonymous with semiconductors as the appropriately named Taiwan Semiconductor Manufacturing Company (TSM -0.03%), the world's leading semiconductor foundry. TSMC is the pioneer of the foundry model, manufacturing the chips that other companies design on their behalf.Providing the infrastructure to produce a large fraction of the world's semiconductors has long put TSMC in a lucr ...