TSMC Earnings: AI Boom Drives Chip Giant's Surge

TSMC's about to drop its earnings report, and investors are hyped! Riding the AI boom, its stock is soaring, with ADRs hitting a 20-year high compared to Taipei shares. Everyone's betting on strong growth, fueled by deals with Nvidia, Apple, and Broadcom. While US-China trade tensions linger, the AI chip demand is expected to keep TSMC on top, making it a must-watch for anyone tracking the future of tech.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.