Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
170.65
-6.45 (-3.64%)
Taiwan Semiconductor Manufacturing Company (TSMC) is a leading semiconductor foundry that specializes in the production of advanced integrated circuits and microchips for various applications in technology sectors such as telecommunications, computing, and consumer electronics. The company operates state-of-the-art fabrication facilities and leverages cutting-edge manufacturing processes, enabling it to produce high-performance and energy-efficient chips. TSMC collaborates with a broad array of clients, including major technology firms, to support their innovation and growth by providing reliable and scalable chip manufacturing services. With a commitment to research and development, TSMC plays a critical role in advancing semiconductor technology, driving the digital transformation across multiple industries worldwide.
The surge comes at a time when China’s DeepSeek AI model has threatened to dethrone its top rivals in the West, including OpenAI, Claude, Meta’s Llama, among others.
Trump may scrap US chip subsidies for Taiwan Semiconductor, causing AI chip stocks to trade lower. Big Tech leaders may meet to discuss stricter tariff policies.
In the face of Beijing's crackdown on Taiwan independence supporters, Taiwan is contemplating issuing travel advisories for its citizens visiting countries closely aligned with China, including Laos and Cambodia.
Broadcom CEO Hock Tan dismissed Intel acquisition speculation, stating that the company is focused on AI and VMware, despite reports suggesting Broadcom and TSMC are exploring a potential Intel business split.
Broadcom Inc. shares jumped 12.82% in after-hours trading Thursday after reporting better-than-expected first-quarter results, recovering from a 6.33% drop during regular trading hours amid a broader artificial intelligence chip selloff.
