Prediction: This Artificial Intelligence (AI) Semiconductor Stock Is Going to Soar After Jan. 29
TSMC(TSM) The Motley Fool·2025-01-23 14:00
Foundry giant Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, released its fourth-quarter 2024 results on Jan. 16, and investors reacted positively to the company's performance as it not only beat Wall Street's expectations but also delivered better-than-expected guidance.TSMC stock jumped nearly 4% following its earnings report. More importantly, its solid showing rubbed off positively on its peers in the semiconductor industry as well. That wasn't surprising as the Taiwan-based co ...