TSMC (TSM) Shares Rise on Integration and Expansion Plans

Dec 13, 2024

TSMC (TSM, Financial) saw its shares rise over 3% in pre-market trading, reaching $197.34. Industry insiders reveal that TSMC is working on integrating CoWoS and SiPh technologies, aiming to launch co-packaged optical devices by 2026. Additionally, TSMC is set to receive a significant order from Apple and Broadcom for AI chip development using its advanced process technology. Furthermore, TSMC's first factory in Kumamoto, Japan, is nearing mass production.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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