TSMC Regains Position Among World's Top 10 Valuable Companies
By
Diego Sánchez Fernández
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Taiwan Semiconductor Manufacturing Co. has reentered the top 10 most valuable companies, surpassing Broadcom in market capitalization. The chipmaker's stock rallied to record highs, driven by increased demand for high-end chips in artificial intelligence. Despite a slight decline in early trading, the company's market capitalization remains at a record $634 billion, securing its place in the top 10 club for the first time since 2020. Some brokerages have raised TSMC's targets by about 10%, reflecting the positive outlook on its prospects.