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TSMC Poised to Join $2 Trillion Club by 2028 as AI Semiconductor Demand Surges
TSMC Poised to Join $2 Trillion Club by 2028 as AI Semiconductor Demand Surges
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BTCCSquare news:
Taiwan Semiconductor Manufacturing Company (TSMC) is on track to join the elite $2 trillion market capitalization club by 2028, alongside tech giants like Nvidia, Microsoft, and Apple. The semiconductor foundry, commanding a dominant 70% market share, serves as the backbone for AI hardware production without directly engaging in chip design.
TSMC's $1.4 trillion valuation WOULD require 14% annual growth to reach the milestone - a feasible trajectory given its 29% average annual returns over the past decade. The company's strategic position in the AI ecosystem differs from application-focused players, instead providing the essential manufacturing infrastructure powering generative AI advancements.
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