AI Surge Sends Taiwan Semiconductor on a Bull Run

Taiwan Semiconductor Manufacturing ( (TSM) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

Taiwan Semiconductor Manufacturing’s stock is experiencing a significant upward movement due to the burgeoning interest in artificial intelligence, which is driving demand for processors and boosting semiconductor stocks. Analysts remain optimistic about TSM’s future prospects, forecasting substantial revenue growth in 2025, even amidst concerns over potential tariffs from the new administration. This bullish outlook is fueled by the expectation that the AI boom will continue to benefit companies like TSM, which supply key components for AI technologies.

More about Taiwan Semiconductor Manufacturing

YTD Price Performance: 3.49%

Average Trading Volume: 13,419,336

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $846.6B

For further insights into TSM stock on TipRanks’ Stock Analysis page.

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