Taiwan Semiconductor Manufacturing Company (TSMC) shares are experiencing a modest uptick today, driven by a combination of factors that have reassured investors. Despite initial concerns sparked by DeepSeek's development using less advanced hardware, which led to a selloff in semiconductor stocks, analysts are emphasizing TSMC's strong fundamentals and critical role in AI infrastructure. The company's Q4-24 results showcased a robust performance, with 3nm technology accounting for 26% of wafer revenue and gross margins rising to 59%. Additionally, TSMC's plans for significant capital expenditure in 2025, focusing on advanced nodes and AI-driven technologies, have reinforced confidence in its growth trajectory.
The current price of TSMC stock is $194.62, reflecting a 1.20% increase from the previous close of $192.31.