TSMC's Thriving Role in AI and Market Dynamics

This chapter delves into TSMC's remarkable growth as a leader in chip manufacturing during the AI boom, emphasizing its revenue increase of over 30% and its importance to major tech players. The discussion also examines the relationship between U.S. and Chinese stock markets, especially in light of geopolitical tensions and the performance of technology stocks amidst changing investor strategies. Additionally, there is a focus on the sustainability of rising valuations in the semiconductor sector and the evolving interest in software-related stocks driven by advancements in artificial intelligence.