AI Demand Lifts Semiconductor Stock; Bullish Bets Build
Schaeffers Investment Research·2026-01-01 00:39

Shares of Taiwan Semiconductor Manufacturing Co (NYSE:TSM) are up 2% to trade at 305.55atlastcheck,aftersectorpeerNvidia(NVDA)encouragedthechipmakertoboostproductionofitsH200AIchips tomeetrisingdemandfromChina.AfterpullingbackfromitsDec.10recordhighof305.55 at last check, after sector peer Nvidia (NVDA) encouraged the chipmaker to boost production of its H200 AI chips to meet rising demand from China.After pulling back from its Dec. 10 record high of 313.98, TSM stabilized above the 300level,notchingsixstraightpositivesessionsalongtheway.Theequityisup127300 level, notching six-straight positive sessions along the way. The equity is up 127% from its Apr. 9, year-to-date low of 134.25 and is looking to close out 2025 with a healthy 54.6% gain ...