Taiwan Semiconductor stock approaches all-time high as AI demand grows

Taiwan Semiconductor Manufacturing Company (TSMC) is nearing its all-time high stock price from July 2024. The company has outperformed the S&P 500, indicating strong investor interest. Recent market trends show TSMC's stock is considered undervalued, particularly in the context of the growing demand for artificial intelligence technologies. This contrasts with previous perceptions of the stock's value. Investors are increasingly optimistic about TSMC's potential, as it continues to lead in semiconductor manufacturing amid a competitive landscape. The company's performance reflects broader trends in the tech sector.