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Taiwan Semiconductor's Fading Hot Streak Raises Stakes For Direxion's TSM-Focused Bull, Bear Funds
Benzinga· 2025-08-15 18:57
As the world's largest pure-play foundry, Taiwan Semiconductor Manufacturing Co. TSM — often abbreviated as TSMC — plays a critical role in the global semiconductor value chain. Late last year, International Data Corp stated that the company could expand its market share in the foundry industry to 36% by the end of this year, rising from 33% in 2024.Not surprisingly, TSM stock has responded well to the broader enthusiasm, backed by tremendous demand for artificial intelligence. On a year-to-date basis, TSM ...