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Benzinga
Benzinga
Business
Anusuya Lahiri

Taiwan Semiconductor's Foundational Role Signals It May Be Undervalued Versus Nvidia, Analyst Says

Tainan,,Taiwan-,September,30,,2021:,Taiwan,Semiconductor,Manufacturing,Company,(tsmc)

Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) is gaining momentum as the artificial intelligence frenzy from tech giants drive unprecedented growth.

The Taiwanese contract chipmaker’s leadership in advanced chipmaking continues to strengthen, powered by AI spending by the Big Tech giants, fueling the global AI infrastructure boom.

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