Taiwan Semiconductor Expects a Surge in Revenue from Artificial Intelligence (AI) in 2024

By Parkev Tatevosian, CFA – Mar 13, 2024 at 8:00AM

NYSE: TSM

Taiwan Semiconductor Manufacturing

Market Cap

$717B

Today's Change

(1.26%) $1.72

Current Price

$138.30

Price as of April 26, 2024, 4:00 p.m. ET

The innovative chip company forecasts growing sales in the coming year.

Fool.com contributor Parkev Tatevosian discusses what recent developments could mean for Taiwan Semiconductor (TSM 1.26%) stock investors.

*Stock prices used were the afternoon prices of March 10, 2024. The video was published on March 12, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.