Taiwan Semiconductor Manufacturing Co (TSMC) has increased its forecast for the global semiconductor market to $1.5 trillion by 2030, up 50% from its previous $1 trillion estimate. This surge is driven mainly by rising demand for artificial intelligence (AI) and high-performance computing, which are expected to make up 55% of the market. TSMC is rapidly expanding its production capacity, including multiple new fabrication plants in Arizona, Japan, and Germany, to meet this demand. The company plans significant growth in advanced chip technologies and packaging capabilities over the next several years.
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 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 st...
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...
