TSMC Shares Rise As GlobalFoundries' $16B U.S. Expansion Boosts Semiconductor Sector

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TSMC Shares Rise As GlobalFoundries' $16B U.S. Expansion Boosts Semiconductor Sector

benzinga.com/trading-ideas/movers/25/06/45779795/tsmc-shares-rise-as-globalfoundries-16b-u-s-expansion-boosts-semiconductor-sector

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) are trading higher Wednesday as investor sentiment in the semiconductor space improved following news that GlobalFoundries will commit $16 billion to expanding its chip manufacturing operations in the U.S.
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This story appeared on benzinga.com, 2025-06-04 19:49:21.