Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
177.17
+6.20 (3.63%)
Taiwan Semiconductor Manufacturing Company (TSMC) is a leading semiconductor foundry that specializes in the production of advanced integrated circuits and microchips for various applications in technology sectors such as telecommunications, computing, and consumer electronics. The company operates state-of-the-art fabrication facilities and leverages cutting-edge manufacturing processes, enabling it to produce high-performance and energy-efficient chips. TSMC collaborates with a broad array of clients, including major technology firms, to support their innovation and growth by providing reliable and scalable chip manufacturing services. With a commitment to research and development, TSMC plays a critical role in advancing semiconductor technology, driving the digital transformation across multiple industries worldwide.
Incremental improvements in the state of the economy and a potential groundbreaking collaboration in the chip industry helped spark a broad-based market rally.
While the Trump administration has approached TSMC about taking over Intel’s foundry division, it does not want the iconic chipmaker’s business to be wholly foreign-owned.
Former President Ronald Reagan warned that tariffs "destroy prosperity," but in a stark reversal, President Donald Trump is doubling down on protectionist trade policies — a move that's now threatening to raise costs across the U.S. tech sector, from Apple and Nvidia to Amazon and Tesla.
