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Why TSMC Remains the Smartest AI Bet Wall Street Can’t Ignore
Why TSMC Remains the Smartest AI Bet Wall Street Can’t Ignore
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BTCCSquare news:
Taiwan Semiconductor Manufacturing Company (TSMC) has surged over 20% in the past three months, surpassing its previous price target of $220. As the world’s largest chip-making foundry and a key supplier to Nvidia, TSMC stands as the backbone of the global semiconductor industry and a critical enabler of the AI revolution. Its dominance in cutting-edge nodes, robust financials, and attractive valuation reinforce its position as a prudent investment.
The AI market, projected to exceed $1 trillion by 2031 with a 26.65% CAGR, underscores TSMC’s growth potential. Industry giants like Nvidia, AMD, Apple, and Qualcomm rely on TSMC’s advanced chipmaking capabilities, cementing its role as the silent force behind AI’s exponential growth.
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