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TSMC Hits 52-Week High as AMD-Meta $100B AI Chip Deal Fuels Foundry Demand

TSMC Hits 52-Week High as AMD-Meta $100B AI Chip Deal Fuels Foundry Demand

Author:

Global Cryptocurrency

Published:

2026-02-25 11:21:02

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BTCCSquare news:

Taiwan Semiconductor Manufacturing Co. surged 4.25% to a record $385.75 on February 24, 2026, after Advanced Micro Devices secured a $100 billion contract to supply Meta Platforms with AI chips. The deal directly benefits TSMC—AMD’s primary foundry partner—bolstering its 70% dominance in global chip fabrication.

January sales grew 37%, exceeding TSMC’s 30% annual forecast. Analysts now project a $410.14 average price target, with the stock up 27% YTD and 170% over five years. The rally reflects structural demand for high-performance computing, as hyperscalers like Meta lock in supply for AI infrastructure.

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