Name of opportunity: 👀
Taiwan Semiconductor Manufacturing Co
Huge U.S investment planned 💲
Taiwan Semiconductor Manufacturing Co (TSMC) is rising in price, going up by 4.06% in the past day. This might be because the company has recently announced its plans to increase its investment in the U.S by an additional $100 billion, taking the total investment to $165 billion.
TSMC is currently showing strong cash flow and profits, indicating robust financial security. The company offers a dividend yield of 0.68%, meaning if you invested $1000, you might be paid $6.80 a year in dividends (based on the last 12 months).
Analysts are currently calling TSMC a ‘buy’- and it 's nearly a ‘strong buy’. Could now be a good time to invest in this semiconductor company’s stock?
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Taiwan Semiconductor Manufacturing Co. might increase from $180.00 to $225.26 in the next 12 months. If you invested $1000, you might profit $251.46.
TSMC expanding their investment on this scale might be one of the driving factors behind the price increase today. It’s been reported that there are plans for two new advance package facilities, as well as three new fabrication plants and a major R&D Team center in the U.S. It’s been said that this large investment will create around 40,000 construction jobs in the US.
TSMC is the main chip manufacturing partner for huge American tech companies such as Nvidia and Apple. TSMC investing in the U.S. where some of its customer-base is may further solidify and strengthen its place in the U.S. market as a semiconductor manufacturer. This deal might have attracted investors to TSMC, which might have impacted its stock price.
Trump has said this deal will avoid the 25% tariffs in an effort to bring more chip manufacturing to the US. But the Taiwanese government has said this deal must still go through government assessments, and said that their most advanced semiconductor technology won’t be sent to the U.S in this deal.
Leading AI chip maker 🖥️
Taiwan Semiconductor Manufacturing Co is a Taiwanese multinational semiconductor manufacturer that is headquartered in Hsinchu, Taiwan.
Which neme?: 🔍
‘What Analysts Say’, ‘Microchips’
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