'TSMC Is Expected To See Its Global Market Share Top 70% By 2026, Thanks To Strong Ai Chip Demand, According To Industry Sources' - DigiTimes Alert
Portfolio Pulse from Benzinga Newsdesk
TSMC is projected to capture over 70% of the global market share by 2026, driven by strong demand for AI chips, according to industry sources.
September 30, 2024 | 1:47 pm
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TSMC is expected to achieve over 70% global market share by 2026 due to strong AI chip demand, indicating potential revenue growth.
The news highlights TSMC's expected increase in market share due to AI chip demand, suggesting strong future revenue growth. This is likely to positively impact TSM's stock price in the short term as investors anticipate increased profitability.
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