Taiwan Semiconductor Manufacturing Co. approved $31.28 billion to expand advanced chip production and build new facilities, focusing on AI, 5G, and high-performance computing chips. It also allocated up to $20 billion for its Arizona subsidiary to strengthen its U.S. presence. The company reported strong Q1 2026 revenue of 1.13 trillion New Taiwan dollars and increased its quarterly dividend to 7 New Taiwan dollars per share. This investment and dividend hike reflect robust demand for advanced semiconductors and confidence in continued growth driven by AI infrastructure needs.
US stock futures showed mixed results with Dow Jones futures falling while S&P 500 and Nasdaq 100 futures rose, following President Trump's visit to China accompanied by major tech CEOs including Nvidia's Jensen Huang and Apple's Tim Cook. Key stocks...
Taiwan Semiconductor Manufacturing Company (TSMC) is currently trading at $404.54 with a 12-month price target of $473.33, indicating a potential 17% upside. The company reported strong Q1 2026 earnings with revenue growth of 35.1% year-over-year and...
Applied Materials and TSMC announced a new partnership at Applied's EPIC Center in Silicon Valley to co-develop advanced semiconductor materials, equipment, and processes for next-generation AI chips. This collaboration aims to speed up innovation an...
An investor with a contrarian, high-risk style shared details of his tech-heavy portfolio, focusing on speculative stocks benefiting from a memory chip rally. He highlighted a split between quality tech leaders and lower-quality momentum stocks, expl...
