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Labrish
Nyuuz
TSMC Set to Quadruple AI Revenue by 2029, Analyst Predicts Huge Growth
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[QUOTE="Munyaradzi Mafaro, post: 48007, member: 636"] TSMC keeps winning against other chip makers around the world. The Taiwan company will control three quarters of the global market during 2026. Their advanced 2nm technology works better than competitors like Samsung and Intel. Apple, NVIDIA, and AMD stick with TSMC because they make chips without problems. Wall Street experts believe the company stock will keep climbing higher. Money from artificial intelligence work could grow four times bigger before 2030 ends. TSMC made 26 billion dollars from AI chips during 2025. That number jumps to 90 billion dollars within four years according to smart money people. Total company earnings should hit 160 billion dollars during 2027. The big jump happens after NVIDIA releases their Rubin Ultra graphics cards. Investment expert Charles Shi raised his target price for TSMC shares. He moved the goal from 225 dollars up to 270 dollars per share. His computer models show demand for AI wafers will explode over the next few years. The analyst tells people to buy TSMC stock right away. Most other chip companies cannot match their manufacturing skills. TSMC plans to spend 50 billion dollars on new equipment during 2027. They need better factories to handle all the orders from tech giants. Special packaging for memory chips will also cost more money. The company hires thousands of workers at their Taiwan plants. House prices across the island keep rising because TSMC employees earn good wages. [/QUOTE]
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Labrish
Nyuuz
TSMC Set to Quadruple AI Revenue by 2029, Analyst Predicts Huge Growth
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