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Barchart
Barchart
Sushree Mohanty

At All-Time Highs, Should You Buy Taiwan Semi Stock Here or Wait for a Dip?

Taiwan Semiconductor Manufacturing Company (TSM), the world’s leading contract chipmaker, reported blowout second-quarter earnings, exceeding Wall Street expectations and raising its guidance for the rest of the year. 

On Thursday, TSM stock rose to an all-time high of $248.28 before closing at $245.60. The stock is up 21.1% year-to-date, outperforming the broader market significantly. 

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