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TSM's stock hit a new high. Can AI demand really last for years as the CEO claimed?
Due to the Q3 performance exceeding expectations, on October 17th, TSM closed up over 9.79% at $205.84 per share, reaching a historic high, Show More
Due to the Q3 performance exceeding expectations, on October 17th, TSM closed up over 9.79% at $205.84 per share, reaching a historic high, with a total market value of $1.07 trillion. Under TSM's leadership, chip stocks surged. TSM Chairman and CEO C.C. Wei stated, "The demand for AI is real, and this is just the beginning; the demand for AI will continue for many years."
How long do you think the demand for AI can support the continued rise of chip stocks? How would you position yourself?
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