Taiwan Semiconductor Manufacturing Company (TSM) reported fourth-quarter earnings and guidance that beat analyst estimates. Notably, TSMC increased its capital expenditures (CapEx) budget for the year to the $52–56 billion range.
We discuss the results and what they could mean for suppliers and chipmakers in the artificial intelligence (AI) trade.
To watch more expert insights and analysis on the latest market action, check out more Opening Bid here: https://finance.yahoo.com/videos/series/opening-bid/
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