The excitement surrounding artificial intelligence (AI) stocks has tempered down again, with fears of an AI bubble resurfacing. While investors debate whether the AI trade has gone too far, Taiwan Semiconductor (TSM) (TSMC) heads into another quarterly report with exceptional momentum.
TSMC will kick off the tech sector’s high-stakes earnings season with its second-quarter results on July 16. TSM stock has climbed 46% year-to-date (YTD), outperforming the broader market's gain of roughly 10% so far this year.