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TSMC's market value exceeds $1 trillion! Annual revenue expected to increase by 30%: AI demand is crazy and just beginning. On October 17th local time, boosted by the third quarter financial report, TSMC's US stock rose more than 12% during trading and closed up more than 9.79% at $205.84 per share, setting a new historical high. The total market value is 1.07 trillion US dollars. As a global high-end chip foundry, TSMC almost exclusively handles high-end chips, especially AI chip outsourcing, becoming a pivotal player in the AI supply chain. Combined with the tight production capacity of high-end chips and the expectation of price increases, these optimistic expectations have driven TSMC's stock price to continuously hit new highs. Since the beginning of the year, the stock price has almost doubled.
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