TECH - What's Going On With Taiwan Semi Stock On Wednesday? | Benzinga
Analysts on Tuesday said that Taiwan’s Semiconductor Industry should maintain its global lead for at least the next eight to ten years.
They urged the government to ensure the country’s research security and develop a “grand strategy” considering changing supply chains.
Taiwan Semiconductor Manufacturing Co (NYSE:TSM), headquartered in Taiwan, led global foundry revenue in the first quarter. It is a crucial supplier of Nvidia Corp and Apple Inc (NASDAQ:AAPL).
Also Read: What’s Going On With Taiwan Semi Stock On Tuesday?
China’s state-backed Semiconductor Manufacturing International Co TSMC held a 62% market share in the first quarter.
At a forum called “Taiwan in the era of techno-geopolitics” in Taipei hosted by the new think tank Research Institute for Democracy, Society, and Emerging Technology (DSET), veteran analyst Ray Yang said ...