Taiwan Semi’s AI Spending Spree Tests Investor Nerves as Capex Surges Past $60 Billion
Taiwan Semiconductor Manufacturing Co. (NYSE: TSM ) delivered the kind of quarter most companies can only dream about and still saw its stock sold off as investors fixated on the bill for its AI ambitions. TSM stock is moving lower. See the chart and price action here. Record Profits, but a Costly Growth Plan In the se