Taiwan Semiconductor Stock Hits a New All-Time: Is it Too Late to Invest?
Key PointsAnalysts expect Taiwan Semi's upcoming earnings numbers to be fantastic, yet again.
Taiwan Semiconductor Manufacturing Company (TSM), a major player in the artificial intelligence (AI) market, has recently hit a new all-time high, with its stock price up around 50% this year. As the go-to foundry for many top tech companies, TSM dominates the foundry market with a market share of around 70%, making it a significant beneficiary if demand for AI chips continues to grow.
However, given its current valuation of approximately $2.3 trillion, investors may be questioning whether the stock has become too expensive, prompting concerns about whether it is too late to invest in TSM.
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