TSMC Stock Tops $300 as AI Chip Boom Fuels Rally – Can It Keep Climbing? (Oct 2025 Update)
TSMC shares surged near record highs, briefly topping $300, as Q2 2025 revenue jumped 44% year-on-year to $30.1 billion. The company forecasts about 30% full-year growth, with Q3 earnings due October 16. Taiwan rejected U.S. calls to shift half of chip output to America. Analysts raised targets, citing strong AI chip demand and new 2nm production plans.