TSM Stock Recent News

The semiconductor market is expected to double in size by 2030. Taiwan Semiconductor Manufacturing Company Limited accounts for 26% of the world's semiconductor output. The US CHIPS and Science Act provides roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the United States.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) is breaking out of a falling wedge pattern on the charts. The shares also overcame resistance at the $90 level, which has provided pressure since mid-February, and recently found support at their 80-day moving average.

Zacks.com users have recently been watching TSMC (TSM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Taiwan Semiconductor Manufacturing produces some of the most powerful chips available on the market. The company is working to invest in American infrastructure.

Check out these semiconductor stocks to this week.

Zacks.com users have recently been watching TSMC (TSM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Taiwan Semiconductor contracts its chipmaking capabilities out to various tech giants. This move could give Taiwan Semiconductor an advantage in the future.

Semiconductors are at the heart of major tech trends, and the chip industry is primed for impressive long-term growth. TSMC dominates the chip fabrication market and will play a huge role in the growth of the global economy.

The average brokerage recommendation (ABR) for TSMC (TSM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable.

The retired founder of TSMC said on Thursday that even as he supported U.S. efforts to slow China's advances in the semiconductor industry, the "bifurcation" of the global supply chain and the reversal of globalisation would increase prices and reduce the ubiquity of chips that power the modern world.