TSMC Stock Soars on AI Boom: Record Highs, Big Ambitions & Geopolitical Risks (Oct 2025 Update)
TSMC shares hover near record highs, up about 45% in 2024, as Q2 revenue surged 44% year-on-year to $30.1 billion on AI chip demand. Morgan Stanley and Bank of America raised targets ahead of Q3 results due Oct. 16. Taiwan rejected U.S. calls to split chip output, while Chinese drills raised energy security concerns. TSMC aims to start 2nm chip mass production by late 2025.