Taiwan Semiconductor Manufacturing (NYSE: TSM) just reached rarified air. The semiconductor giant -- known as TSMC -- just surpassed a market cap of $1 trillion after reporting phenomenal growth for the third quarter. Excluding state-owned enterprises, this is the ninth company in the world to reach a market value above $1 trillion.
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We recently published a list of Top 10 Trending AI Stocks in Q4. In this article, we are going to take a look at where Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) stands against other top trending AI stocks in Q4.
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Taiwan Semiconductor Manufacturing Company (TSMC) said on Tuesday it has informed the United States of a potential attempt by Huawei to circumvent U.S. export controls prohibiting the chipmaker from producing AI chips for the Chinese company.
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Taiwan Semiconductor's AI growth trajectory remains strong, despite potential risks, making the stock attractive. Click for this TSM stock's earnings update.