Chipmaker TSMC returns to the list of world’s 10 most valuable companies: Here’s what led to its comeback
Taiwan Semiconductor Manufacturing Company (TSMC) has reclaimed a spot in the list of the world’s 10 most valuable companies, riding the optimism of the artificial intelligence (AI) boom in the tech industry that pushed its stock to record levels.According to a report by Bloomberg, TSMC’s stock rallied 14% last week, elevating the chipmaker’s market capitalisation …