Economic Delegation to Taiwan - Indiana Secretary of Commerce David Rosenberg will lead an economic delegation to Taiwan to promote Indiana's economy and foster partnerships in semiconductor R&D and advanced manufacturing [1][2] - The trip coincides with the opening of a new Indiana Economic Development Corporation (IEDC) office in Taipei [1][3] Semiconductor Industry Focus - Indiana's strategy to develop a robust semiconductor ecosystem is yielding positive results for the economy and residents [2] - The delegation will participate in SEMICON Taiwan, a major microelectronics event, expecting over 1,100 exhibitors and 3,700 booths [2] IEDC Office in Taipei - The IEDC's Taiwan office, launched on August 1, aims to enhance investment opportunities in high-tech sectors, particularly semiconductors and AI [3] - Stewart Randall has been appointed as Taiwan Advisor to assist in establishing an IEDC Taiwan Director [3] Growth of Indiana's Semiconductor Sector - Under Governor Eric J. Holcomb, Indiana has seen significant growth in its semiconductor industry, including the establishment of the AMPD Task Force [4] - The state has attracted seven new semiconductor companies and secured a federal tech hub designation for microelectronics [4] Meetings and Collaborations - The delegation will meet with semiconductor industry leaders, including MediaTek, which is partnering with Purdue University for a semiconductor design center in Indiana [5] - The trip builds on previous economic momentum and existing trade relations, with over $1.61 billion in trade between Indiana and Taiwan in 2023 [6]

Can the world's leading semiconductor foundry help make investors richer in the long run?Buying and holding solid companies for a long, long time is a tried-and-tested method of making money in the stock market, as this strategy allows investors to not only capitalize on secular growth trends but also benefit from the power of compounding.For instance, an investment of $10,000 made in shares of Nvidia 10 years ago is now worth more than $2.7 million. The market has rewarded Nvidia stock handsomely over the ...

Core Insights - TSMC is the world's leading semiconductor foundry and a pioneer in the foundry model, manufacturing chips designed by other companies [1][2] - The stock of TSMC has increased by 68% as of August 28, driven by the surge in artificial intelligence applications [1] - TSMC's revenue from high-performance computing (HPC) chips grew by 28% from Q1 and accounted for 52% of its total revenue of $20.8 billion in Q2, marking a significant milestone [2] Company Overview - TSMC manufactures high-end chips for major companies like Nvidia, which are essential for training and running complex AI models [2] - The company expects AI-related revenue to exceed 20% of its total revenue by 2028, indicating a strong growth trajectory [2] Industry Context - The rise of AI applications, such as OpenAI's ChatGPT and Alphabet's Gemini, has created a demand for high-performance chips, positioning TSMC favorably in the market [1][2] - The AI gold rush has prompted companies across various sectors to explore AI integration, further driving demand for TSMC's semiconductor products [1]

In the past, the company's shares have soared and dived on various pieces of news. This wasn't one of those times.In nearly every stock's life, sooner or later it has a day where the market just can't decide whether it's a buy or sell. That happened to mighty chipmaker Taiwan Semiconductor Manufacturing (TSM -0.03%) (TSMC) on Thursday. Not coincidentally, this was the trading session just after the current hot company in the chip sphere published its latest market-shaking news item. On the day, TSMC traded ...

Nvidia has been the leader of semiconductor stocks over the last couple of years.Believe it or not, semiconductor chips are used for applications well beyond powering smart devices and electronics. For this reason, it's not entirely surprising that semiconductor stocks have been particularly big winners as the artificial intelligence (AI) revolution pushes forward.Among leading chip companies, Nvidia (NVDA -2.10%) stands out as the 800-pound gorilla right now. But with shares up 651% since August 2022, inve ...

Investors might want to bet on TSMC (TSM) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings ...

Everybody loves dividends, as they provide a passive income stream, limit drawdowns in other positions, and provide more than one way to profit from an investment.And when considering dividend-paying stocks, those with a history of boosting their payout are prime considerations, reflecting their commitment to increasingly rewarding shareholders.In addition, consistent dividend hikes reflect the company’s successful nature, opting to share profits with shareholders.For those seeking companies that have consi ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. TSMC (TSM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.TSMC is one of 617 individual stocks in the Computer and Techn ...

Subscribers to Chart of the Week received this commentary on Sunday, August 25. Every year, Schaeffer's Senior Market Analyst Matthew Timpane chooses a few stock picks for traders that subscribe to fellow market news platform, MoneyShow. The 2023 year saw Timpane bring in impressive profits, winning MoneyShow’s Top Pros’ Top Picks project for 2023, with his MongoDB (MDB) recommendation gaining roughly 115% on the year. When asked to return for the 2024 trading year, another pair of carefully considered stoc ...

TSMC (TSM) closed the most recent trading day at $169.07, moving -1.29% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.32%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.85%.Heading into today, shares of the chip company had gained 5.77% over the past month, outpacing the Computer and Technology sector's loss of 1% and the S&P 500's gain of 1.52% in that time.The upcoming earnings release of TSMC will be of great interest to investor ...