TSMC’s Big Bet on Chips | Business and Finance News

TSMC’s stock dropped despite record profits as the chip giant unveiled a massive $60-64 billion investment in new factories and cutting-edge 2-nanometer tech—costs that will eat into profits this year. Investors are now questioning whether semiconductor companies can sustain their sky-high valuations amid relentless spending, even as AI demand surges. Intel and Teradyne also saw dips, with Teradyne’s volatility making the slide less alarming long-term. The real test? Can cloud giants generate enough revenue from AI services to offset these hardware-heavy bets? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9453bd6078057f0d