TSMC Shares Hit Record High, Riding on AI Wave and US Chip Stock Rally
Taiwan Semiconductor Manufacturing Company (TSMC) has witnessed its stock price soar to a record high on December 24, 2024, marking an impressive 82% increase this year. The growth is driven by booming investments in AI and a rally in US chip stocks, notably from Nvidia, a major TSMC client. Enthusiasts and investors are bullish about TSMC's pivotal role in the AI market, though some experts advise caution over geopolitical tensions and market volatility.
Dec 25