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TSMC Trading Volume Drops 212% to 276 Billion Ranking 19th in Market Activity
Generated by AI AgentAinvest Volume Radar
Thursday, May 29, 2025 7:39 pm ET1min read
On May 29, 2025, TSMC's trading volume reached 27.60 billion, marking a 21.2% decrease from the previous day, ranking 19th in the day's stock market activity. TSMC's stock price rose by 0.51%.
TSMC has announced plans to establish a new chip design center in Munich, Germany. This facility is set to open in the third quarter of 2025 and will focus on supporting the development of advanced chips for applications such as AI, automotive, and industrial sectors. The center aims to serve clients in Europe and is part of TSMC's broader strategy to expand its global footprint and foster local innovation.
Paul
Bot, the President of Europe, highlighted that the Munich Design Center will play a crucial role in supporting TSMC's European clients, particularly in the automotive, industrial, and AI sectors. The center is expected to enhance TSMC's capabilities in these areas and strengthen its position in the European market.TSMC's robust AI-driven growth, clear process roadmap, and resilient demand position it for strong performance through 2025/26 and beyond. The company's focus on AI and other advanced technologies is expected to drive its future growth and maintain its competitive edge in the semiconductor industry.
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