Silent Giant TSMC Returns to the Peak of its Powers as the AI Boom Continues
AI and U.S. growth stocks have rebounded to record highs after their slump in February and March, rewarding those who bought the dip, especially in the IT and AI sectors. At the heart of this resurgence is Taiwan Semiconductor Manufacturing (TSM), better known as simply “TSMC”, the silent powerhouse behind the AI boom. The stock is within grasp of yet another historic high around the $225 mark. TSMC produces the chips that drive everything from Nvidia’s GPUs to Apple’s iPhones, and it’s now expe