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Tag: Taiwan Semi-Conductor

Asian Stocks Under Pressure, Chipmakers Concerned: Market Roundup

(Bloomberg) -- Asian stocks opened under pressure after U.S. stocks extended their longest losing streak since January. Bloomberg's top readsDubai Stalled as Cloudy Rainfall Worsens FloodingTesla Again Asks Investors to Approve Mas Resonance's $56 Billion SalaryRed Lobster Considers Bankruptcy to Address Lease and Labor CostsBanker Charged Millions in Breakup Fee for Giving Up New JobChina Says Carburetor Deal with Iran Will Continue After Israel AttackStock Index Futures Scam

Can Taiwan Semiconductor Stock (NYSE:TSM) Replicate Invista's Performance?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), the world's largest chip maker, recently announced impressive March revenue figures. It's worth noting that INVISTA (NASDAQ:NVDA), which has risen 242.5% over the past year, relies on TSM to make its chips. However, TSM's stock price performance (up 71.5% over the same period, see chart below for comparison) has been relatively lackluster. This begs the question: Can TSM replicate NVDA's glorious performance? The answer is probably "yes". As the artificial intelligence boom continues to grow, the answer is probably "yes.
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