The Taiwanese chipmaker overtook Berkshire Hathaway earlier in June to become the world’s eighth most valuable company.
Taiwan Semiconductor Manufacturing briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker before its earnings.
The Taiwanese chipmaker overtook Berkshire Hathaway earlier in June to become the world’s eighth most valuable company, based on its ADRs, which trade at a considerable premium to its Taipei-traded shares. TSMC’s position as the sole supplier of Apple Inc. and Nvidia most important chips makes it a favorite play among global investors in AI.
Semiconductors Taiwan Semiconductor Manufacturing Company (TSMC) AI Hardware
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