Taiwan Semiconductor Stock Rebounds As AI Hype Overpowers China Tensions

About Taiwan Semiconductor Stock Rebounds As AI Hype Overpowers China Tensions

Shares of Taiwan Semiconductor Manufacturing Company surged by 5 percent as strong demand for AI chips drove gains, despite ongoing U.S.-China tensions. TSMC's September revenue increased by 31 percent year-over-year, reaching NT$331 billion. Officials stated that China's recent export restrictions will have little effect on Taiwan's chip industry. The video highlights how AI hype is overshadowing geopolitical concerns, emphasizing TSMC's resilience amid global market uncertainties.