$Taiwan Semiconductor Manufacturing(TSM)$ the world's largest contract chip manufacturer, has seen several positive days in the market recently. This significant price increase indicates positive investor sentiment.
The global semiconductor industry is expected to continue growing, benefiting major players like TSM. The ongoing chip shortage and high demand for semiconductors from various industries (e.g., consumer electronics, automotive) bode well for TSM's production capacity.
While short-term fluctuations might occur, TSM's position in the growing semiconductor industry offers long-term growth potential.
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