Taiwan Semiconductor Posts 34% Q2 Revenue Growth; Analyst Raises Price Target On ‘Highly Bullish’ Investment Outlook
Shares of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM ) tanked in early trading on Friday amid a global AI selloff. While the company announced better-than-expected results for the second quarter, management raised the capital expenditures guidance for the full year. This is "highly bullish," as the capex is p