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TSMC Stock Rises on AI Demand Surge and U.S. Tariff Exemptions

TSMC Stock Rises on AI Demand Surge and U.S. Tariff Exemptions

Published:
2026-02-10 10:09:01
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BTCCSquare news:

TSMC shares gained 1.8% to $355.28 as U.S. officials signaled exemptions for Big Tech chips from upcoming tariffs, easing concerns for major clients like Apple and NVIDIA. The move aligns with TSMC's Arizona expansion plans and reduces geopolitical friction.

NVIDIA CEO Jensen Huang's projection that TSMC must double capacity to meet AI demand underscores the semiconductor giant's pivotal role in the tech ecosystem. Revenue growth of 36.8% year-over-year and a dividend hike to $0.9678 per share reflect robust fundamentals.

Analysts maintain bullish sentiment with a $381.67 average price target, though Taiwan's resistance to shifting 40% of production to the U.S. introduces geopolitical complexity. Trading volume reached 14.5 million shares, slightly below average.

|Square

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