AVGO - What's Going On With Taiwan Semi Stock On Monday? | Benzinga
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is set to play a crucial role in a potential collaboration between ByteDance Ltd and Broadcom Inc (NASDAQ:AVGO).
The two companies are discussing the development of a 5-nanometer AI processor to bolster ByteDance’s technological capabilities, Bloomberg reports.
Meanwhile Taiwan Semiconductor stock is trading lower Monday.
Also Read: Broadcom Rises As Top AI Chip Supplier After Nvidia, Thanks To Google And Meta Partnerships: Analyst
ByteDance aims to secure a steady ...