TSMC (TSM) closed the latest trading day at $172.91, indicating a -0.04% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.23%. Meanwhile, the Dow experienced a drop of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.34%.Prior to today's trading, shares of the chip company had gained 11.18% over the past month. This has outpaced the Computer and Technology sector's loss of 2.01% and the S&P 500's gain of 3.96% in that time.The upcoming e ...

The leading chip foundry is closing in on that milestone.Semiconductor stocks have been roaring higher over the past year as demand for artificial intelligence (AI) chips has surged, which is evident from the 57% gains clocked by the PHLX Semiconductor Sector index during the period. Foundry giant Taiwan Semiconductor Manufacturing (TSM 4.39%), popularly known as TSMC, has also benefited, clocking gains of 71% over the past 12 months.This healthy surge in TSMC stock has brought the company's market cap to $ ...

Bullish macroeconomic data and AI momentum are boosting the semiconductor leader's valuation.Taiwan Semiconductor Manufacturing (TSM 4.50%) stock is making big gains in Wednesday's trading. The chip fabrication leader's share price was up 4.8% as of 2: 15 p.m. ET, according to data from S&P Global Market Intelligence.While there wasn't much in the way of business-specific news pushing the company's share price higher, TSMC stock benefited from some favorable economic data and an ongoing rally for artificial ...

In this article2330-TWA chip made by Taiwan Semiconductor Manufacturing CompanyTSMCElectricity squeezeImplications for the chip sectorTaiwan's industrial consumers accounted for over 55% of its electricity consumption in 2023, according to the Atlantic Council's Webster. These consumers, including semiconductor firms, often require constant and reliable access to electricity."If Taiwan is forced to ration electricity more frequently in the future due to limited supplies, its semiconductor firms will suffer, ...

Nvidia is winning big from the growing adoption of AI chips, but this semiconductor company seems better positioned to make the most of the AI opportunity.Nvidia (NVDA 0.75%) has had an unforgettable run on the stock market since the beginning of 2023. Shares of the graphics card specialist have risen a whopping 727% in less than 18 months thanks to the crazy demand for chips required for training and deploying artificial intelligence (AI) models.Its top and bottom lines have been growing at an unprecedente ...

Sundry Photography Investment Thesis TSMC (NYSE:TSM) is the largest foundry (which makes chips for fabless companies) with over 50% market share, and even higher at the leading edge. That makes it a solid investment choice for risk-averse investors, akin to investing in a semiconductor ETF, in my view. Although the stock is up 60% since the rating upgrade in January, the increase in earnings estimates and undervaluation at the time (compared to long-term growth prospects) means the stock remains fairly ...

As the two largest economies in the world, the United States and China, have been battling over ownership of the semiconductor manufacturing space, leading to access to the world’s latest technology and artificial intelligence capabilities, an opportunity is brewing for investors.The opportunity comes as the U.S. sets aside a war chest to invest in the technology sector's supply chain power stance. The CHIPS and Science Act grants billions upon billions of dollars to semiconductor stocks with the potential ...

Taiwan Semiconductor is about to enter an exclusive club.Few companies are as important to today's world as Taiwan Semiconductor Manufacturing (TSM 1.43%). It produces the chips that go into devices that power artificial intelligence (AI) models, iPhones, and nearly any other application with a microchip. Taiwan Semiconductor is a leading business in this field, but it's not done growing.Currently, Taiwan Semiconductor is valued at $845 billion, making it the ninth-largest company in the world. However, by ...

For companies, attaining the $1 trillion market cap is a coveted feat due to what the measure symbolizes. Indeed, over the years, gaining a $1 trillion market cap represents a company’s dominant market position, financial strength, and influence on the economy.In this line, Finbold has identified the following two companies likely to hit the coveted market cap in the second half of 2024.Taiwan Semiconductor Manufacturing Company Taiwan Semiconductor (NYSE: TSM) has been a pivotal global tech supply chain pl ...

In the latest trading session, TSMC (TSM) closed at $162.07, marking a -0.52% move from the previous day. This change lagged the S&P 500's 0.02% loss on the day. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq decreased by 0.09%.Heading into today, shares of the chip company had gained 13.45% over the past month, outpacing the Computer and Technology sector's gain of 8.04% and the S&P 500's gain of 4.59% in that time.Market participants will be closely following the f ...