TSMC reached an all-time high then pulled back 6.2% amid U.S.-China trade policy uncertainty while market valuation topped $1 trillion. The company controls over 60% of global foundry spending and provides manufacturing capabilities critical for AI and high-performance computing customers. TSMC is diversifying its global footprint, declined an invitation from India, and plans substantial increases in U.S. semiconductor investments, including new fabrication plants and advanced packaging facilities in Arizona. The firm recently broke ground on a third Arizona fabrication plant and is reportedly considering an advanced fabrication plant in the UAE. Share performance has outpaced the S&P 500 over recent 90-day and one-year periods.
TSMC says it is actively diversifying its global footprint, although it declined an invitation from India to set up a plant there. Due to efforts to bolster U.S. domestic chip production and reduce reliance on overseas supply chains, TSMC said it plans to drastically increase its investment in U.S. semiconductor manufacturing, including new fabrication plants and advanced packaging facilities in Arizona.
Shares of Taiwan Semiconductor Manufacturing Co. Ltd. ( NYSE: TSM), AKA TSMC, hit an all-time high of $248.28 last month but have pulled back 6.2% since amid uncertainty surrounding U.S.-China trade policies. However, its market valuation surpassed $1 trillion in July. The share price is 21.4% higher than 90 days ago and 36.0% higher year over year, outperforming the S&P 500 in both timeframes.
Collection
[
|
...
]