What's Going On With Taiwan Semiconductor Stock On Tuesday?
Portfolio Pulse from Anusuya Lahiri
Taiwan Semiconductor Manufacturing Co (TSM) is collaborating with global chip designers and suppliers to develop next-generation silicon photonic solutions, crucial for AI computing. The stock is trading lower premarket despite a 40% projected growth in the silicon photonics market. TSM has invested significantly in U.S. facilities, countering claims of job loss to Taiwan.
September 03, 2024 | 1:28 pm
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Investors can gain exposure to TSM through the iShares Semiconductor ETF, which may be impacted by TSM's stock movement.
SOXX includes TSM, and its performance may be influenced by TSM's stock movement, which is currently down premarket.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 30
NEGATIVE IMPACT
Investors can gain exposure to TSM through the First Trust NASDAQ Technology Dividend Index Fund, which may be impacted by TSM's stock movement.
TDIV includes TSM, and its performance may be influenced by TSM's stock movement, which is currently down premarket.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 30
NEGATIVE IMPACT
Taiwan Semiconductor is focusing on next-gen silicon photonic solutions, crucial for AI computing, with a projected 40% market growth. Despite this, TSM stock is down premarket.
TSM is involved in developing silicon photonic solutions, which are expected to grow significantly. However, the stock is trading lower premarket, possibly due to market conditions or investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
AMD is part of the ecosystem for developing silicon photonic solutions, crucial for AI computing.
As a chip developer, AMD is involved in the development of silicon photonic solutions, which are expected to grow significantly.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Cadence Design Systems is part of the ecosystem for developing silicon photonic solutions, crucial for AI computing.
As a design software supplier, Cadence is involved in the development of silicon photonic solutions, which are expected to grow significantly.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Meta Platforms is backing the development of co-packaged optics technology, crucial for AI computing.
Meta is among the tech giants backing the development of co-packaged optics technology, which is crucial for AI computing.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 40
POSITIVE IMPACT
Microsoft is backing the development of co-packaged optics technology, crucial for AI computing.
Microsoft is among the tech giants backing the development of co-packaged optics technology, which is crucial for AI computing.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 40
POSITIVE IMPACT
Nvidia is part of the ecosystem for developing silicon photonic solutions, crucial for AI computing.
As a chip developer, Nvidia is involved in the development of silicon photonic solutions, which are expected to grow significantly.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Synopsys is part of the ecosystem for developing silicon photonic solutions, which are crucial for AI computing.
As a design software supplier, Synopsys is involved in the development of silicon photonic solutions, which are expected to grow significantly.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50