TSMC Soars 3.04% on AI Semiconductor Partnerships
1min read On April 11, 2025, TSMC's stock rose by 3.04% in pre-market trading, reflecting positive market sentiment towards the company's recent developments and strategic initiatives.
SK Group Chairman Choi Tae-won and tsmc Chairman and CEO C.C. Wei recently met to discuss strategic cooperation in the AI semiconductor field. This meeting, held at TSMC, marked another significant high-level exchange following their initial encounter in June 2024. The discussions focused on accelerating collaboration between SK Hynix and TSMC in high-bandwidth memory technology and advanced packaging capabilities. This partnership is crucial as both companies are key players in the global AI semiconductor market, with SK Hynix specializing in high-bandwidth memory and TSMC renowned for its advanced wafer fabrication and packaging services.
In addition to strategic partnerships, TSMC is also preparing for its annual salary adjustments. The company is expected to implement a 3% to 5% salary increase for its employees, aligning with its historical practices. This move is part of TSMC's ongoing efforts to retain talent and maintain a competitive edge in the semiconductor industry.
