TSMC Stock Hits Record High as Demand for AI Chips Drives Growth

TLDR TSMC reported its highest-ever monthly revenue in January, reaching NT$401.26 billion, or $12.7 billion. The company saw a 37% year-over-year increase in revenue and a 20% month-over-month rise. TSMC dominates the semiconductor market, holding a 71% global market share and over 90% of the advanced AI chip market. TSMC’s stock hit an all-time high, [...]

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