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TSMC stock surges 689% since ChatGPT launch, emerging as core of AI growth

The Motley Fool +1 ·

TSM Taiwan Semiconductor Manufacturing ADR
$453.31 -1.02%
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  1. 1TSMC stock has recorded a 689% increase since the launch of ChatGPT.
  2. 2TSMC achieved a 34% year-over-year revenue growth rate in the second quarter.
  3. 3CEO C.C. Wei stated that they have received very positive signals from AI hyperscaler customers.

So what's the key point?

TSMC stock has risen 689% since ChatGPT was released. Revenue has grown significantly as large companies building artificial intelligence are showing positive responses.

Source The Motley Fool +1 · View original ↗

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