Taiwan Semiconductor Manufacturing Co. Stock News

Despite most of the technology sector's best efforts, it's still going to desperately need Taiwan Semiconductor for many, many more years. Broadcom isn't the company you think it is.

Technological innovation has led to changes in just about every aspect of life.

Every year, Schaeffer's Senior Market Analyst Matthew Timpane chooses a few stock picks for traders that subscribe to fellow market news platform, MoneyShow. The 2023 year saw Timpane bring in impressive profits, winning MoneyShow's Top Pros' Top Picks project for 2023, with his MongoDB (MDB) recommendation gaining roughly 115% on the year. When asked to return for the 2024 trading year, anothe...

Taiwan Semiconductor Manufacturing (TSMC) is launching a new chip platform that will be a game changer for the AI industry. Management believes it can grow its revenue between 15% and 20% for the foreseeable future.

Nvidia has been an early winner of the AI spending boom. Two of its biggest customers could end up leveraging AI capabilities to grow profits long-term.

TSMC will benefit from increased AI infrastructure spending. In addition, the company looks poised to increase prices next year.

The semiconductor industry, central to modern technology, has long been Taiwan's strategic defense, often dubbed the “silicon shield.” Taiwan's dominance in chip manufacturing, especially through the Taiwan Semiconductor Manufacturing Company (TSMC), has provided it with a unique form of protection against potential Chinese aggression.

Advanced Micro Devices stock price could see a boost if Nvidia projects strong AI demand for the foreseeable future.