Taiwan Semiconductor Breaks Resistance Levels: Outlook and Potential Support Zones

Taiwan Semiconductor (NYSE:TSM) has recently surpassed major long-term resistance levels after reporting strong Q1 earnings driven by global demand for advanced chips used in AI systems. The company anticipates continued growth in demand for AI and server chips throughout 2024, particularly from key customers like Apple and Nvidia. TSM’s stock prices have surged, indicating potentialContinue reading “Taiwan Semiconductor Breaks Resistance Levels: Outlook and Potential Support Zones”