TSMC Joins Trillion-Dollar Club on Optimism Over AI Demand

(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s market value hit $1 trillion for the first time last week, driven by a raised outlook and optimism over robust artificial intelligence demand.Most Read from BloombergWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionMilan Corruption Probe Casts Shadow Over Property BoomHow San Jose’s Mayor Is Working to Build an AI CapitalThe main supplier of chips to Apple Inc. and Nvidia Corp. saw it shares climb to a record high on Friday,