TSMC's Trading Volume Drops 30% But Ranks 32nd Amid AI Chip Demand Surge
Volume AlertsFriday, Jun 6, 2025 7:46 pm ET
1min readOn June 6, 2025, TSMC's trading volume reached 17.47 billion, a 29.99% decrease from the previous day, ranking 32nd in the day's stock market. TSMC (TSM) rose by 0.90%, marking its fifth consecutive day of gains, with a 6.13% increase over the past five days.
TSMC is poised for steady growth driven by the increasing demand for AI chips. The company's strong market position and AI-driven growth have justified a buy rating from analysts. TSMC's CEO has predicted record profits for 2025, citing the surging demand for AI chips as a key factor. This optimistic outlook is supported by the company's strategic partnerships with industry leaders like Qualcomm and MediaTek to develop next-generation mobile and AI chips.
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