TSMC stock surges as AI frenzy trumps geopolitical concerns
In the whirlwind of artificial intelligence fervour, geopolitical worries take a backseat as Taiwan Semiconductor Manufacturing Co. (TSMC) continues its historic stock surge. Foreign investors flock to TSMC, confident in its AI-driven growth prospects despite tensions over its Taiwanese location. With over 90% market share in advanced chip production, TSMC's strategic importance is undeniable. Amidst plans for global expansion, TSMC remains a cornerstone for AI exposure and semiconductor resurgence in emerging markets.
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By John Cheng and Betty Hou
The frenzy over artificial intelligence is trumping geopolitical concerns over Taiwan Semiconductor Manufacturing Co., with its record stock rally powering ahead.
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