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Close on the heels of US government offer of financial assistance to Intel for expansion and modernisation of its production lines in California, Taiwan Semiconductor Manufacturing Company (TSMC) also
President Joe Biden, left, shakes hands with Taiwan Semiconductor Manufacturing Company Chairman Mark Liu, right, as the two meet on stage after touring the…
Taiwan Semiconductor Manufacturing (NYSE:TSM), the world’s largest chipmaker, recently posted impressive revenue figures for March. Notably, Nvidia (NASDAQ:NVDA), which has gained 242.5% in the past year, relies on TSM for chip manufacturing. However, TSM’s stock performance (up 71.5% over the same period; see the comparison image below) has been relatively subdued. This begs the question: can TSM replicate NVDA’s stellar performance? The answer is likely a “yes.” With the ongoing AI boom, incre
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The US government has awarded TSMC a $6.6 billion federal grant to kickstart its operations in Arizona, as Washington officials aim to shift semiconductor production locally.