A person briefed on the matter said Taiwan Semiconductor Manufacturing Co. is expected to announce a $100 billion investment in the U.S.
President Donald Trump is slated to a announce a $100 billion investment from Taiwan Semiconductor Manufacturing. The money will go toward building new chip manufacturing plants in the U.S. over the next four years.
Taiwan Semiconductor Manufacturing Co is reportedly poised to unveil a $100 billion investment in US chip manufacturing. According to The Wall Street Journal, the four year plan is set to be unveiled on Monday following a meeting with president Donald Trump.
Taiwan Semiconductor Manufacturing Co. is expected to announce a $100 billion investment in the U.S. at the White House that would bring more semiconductor manufacturing to the country.
The company's chief executive is expected to announce the semiconductor's plans at the White House on Monday.
TSMC (TSM), TJX Companies (TJX) and Lowe's (LOW) take the attention of today's Big 3. Scott Bauer with @ProsperTradingAcademy turns to example options trades for all three names while Rick Ducat breaks down the technical trends.
Chipmaker TSMC said it aims to invest $100 billion in chip manufacturing plants in the U.S. over the next four years as part of an effort to expand the company's global network of semiconductor factories.
Semiconductor stocks have been in impressive form on the market over the past three years, as the demand for chips used for training and deploying artificial intelligence (AI) models in data centers has shot up remarkably during this period.
TSMC (TSM) reachead $180.53 at the closing of the latest trading day, reflecting a -0.31% change compared to its last close.
TSMC's market position and growth prospects remain unparalleled, with significant upside potential due to a lack of real competition. TSMC's Arizona fab is well-received, potentially mitigating geopolitical risks but may reduce margins due to higher labor costs. TSMC is undervalued at a 26x multiple, with a fair value estimate of 30x, suggesting a 93% upside by FY26.
Since my last writing, TSM's earnings have evolved more toward more advanced 3 nm and 5 nm technologies. This shift creates two critical advantages. It helps to expand profit margins and also reduces the normal seasonality for smartphones.
U.S. President Donald Trump's nominee to a post overseeing export policy for China on Thursday called a report about Taiwan Semiconductor Manufacturing Co producing hundreds of thousands of chips for Huawei "a huge concern."