Overview

• TSMC's stock has surged 96% over the past year, driven by high demand for AI chips from companies like Nvidia.
• Taiwan's National Science and Technology Council asserts that TSMC's 2nm technology places it at least a decade ahead of China's semiconductor industry.
• U.S. President Joe Biden recently approved a $567 million military aid package for Taiwan amid escalating tensions with China.
• Taiwan's 'Silicon Shield' strategy aims to deter Chinese aggression by leveraging its critical role in global semiconductor supply chains.
• TSMC's ongoing investments in renewable energy projects aim to meet customer demands for sustainability and enhance the island's energy security.