TSLA - What's Going On With Taiwan Semi Stock On Monday? | Benzinga
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) will likely report a 30% rise in second-quarter profit on Thursday. The surge in demand for AI has driven TSMC’s stock and the broader Taiwan market to record highs.
The leading contract chipmaker, serving clients like Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA), has seen its American Depositary Receipts surpass a trillion-dollar market value, Reuters reports.
Taiwan Semiconductor is projected to report a net profit of roughly ...