TSMC's Trading Volume Hits 18.78 Billion, Ranks 30th as AI Chip Demand Surges

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 7:46 pm ET1min read

On June 3, 2025, TSMC's trading volume reached 18.78 billion, ranking 30th in the day's stock market.

(TSM) rose 1.42%, marking two consecutive days of gains, with a total increase of 2.22% over the past two days.

TSMC's CEO highlighted the significant demand for AI chips, noting that the supply is struggling to keep up. This demand is driven by the increasing need for advanced chips in AI technology, which are crucial for training AI models and powering electronic devices.

TSMC is considering the establishment of an advanced gigafab in the United Arab Emirates, which would include a complex of six factories. This move is part of the company's strategy to diversify its geographical footprint and secure regulatory approval from the U.S. government, given the UAE's ties to China and Iran's influence in the region.

TSMC's executives have held meetings with U.S. officials to discuss the potential project, but previous talks with the UAE have not been successful. The company is also exploring other opportunities in the Middle East, particularly in Saudi Arabia, which is seen as a significant area for the AI revolution.

Despite the challenges posed by U.S. tariffs and political headwinds, TSMC remains committed to its $165 billion investment in building cutting-edge fabs in the U.S. This investment is supported by government subsidies and is aimed at meeting the growing demand for AI chips.

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