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
Taiwan Semiconductor stock (NYSE:TSM) rallied significantly following its Q4 results, which set the stage for accelerating growth. The leading global semiconductor foundry, specializing in manufacturing advanced integrated circuits for a wide range of electronic devices, ended Fiscal 2023 on a seemingly weak note. However, setting aside the temporary impact of the industry’s cyclical nature, Taiwan Semiconductor’s innovative advancements promise strong growth. Accordingly, I remain bullish on th
Following a strong earnings report – such as the one that chip contract manufacturing and design specialist Taiwan Semiconductor (NYSE:TSM) delivered last week – it’s not unusual to see a pullback. Call it the buy-the-rumor, sell-the-news effect. Basically, investors ought to capitalize on the hype rather than the underlying substance. However, because of the rising importance of generative AI, this aphorism might not hold for TSM stock. Instead, I’m bullish on TSM as the AI hype train continues
Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) has seen a decline in its stock price by -1.05 in relation to its previous close of 97.44. However, the company has experienced a 4.13% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-11-12 that Welcome to th