'Headline Risk' Lurks as TSM Shines Bright on AI Demand

Taiwan Semiconductor Manufacturing Co. TSM just delivered a quarter that Wall Street won't soon forget – but you wouldn't know it by looking at the stock chart.The chip giant crushed first quarter estimates, powered by AI-hungry demand for its 3nm and 5nm chips, yet shares continue to short-circuit.Strong Fundamentals, Stronger HeadwindsFirst quarter revenue surged 41.6% year-over-year to $25.53 billion, topping expectations of $23.92 billion. EPS came in at $2.12, well above the $1.82 consensus. TSM also p ...