3 Reasons to Buy TSM Stock Besides 54% Q3 Net Profits Surge
TSMC(TSM) ZACKS·2024-10-24 04:06
Taiwan Semiconductor Manufacturing Company Limited (TSM) , or TSMC, known for making the smallest and most power-efficient chips saw its shares surge recently after its latest quarterly profits soared on artificial intelligence (AI) demand. Its shares are further expected to scale northward primarily due to three major reasons. Let’s look at those and what makes the TSM stock a compelling buy at the moment – TSMC’s Positive Q3 Results & Outlook Boosts Share PriceIn the third quarter, TSMC registered a rema ...