Tsm stock price in recent trading

In recent trading, TSM stock price consolidated near $180 after a sharp rally. Market participants are watching for key technical levels that could trigger the next breakout phase. Almost needless to say, without TSMC, the world's microchip landscape would look considerably different. So, TSMC stock could get a nice shot in the arm once it releases its results in October, and it can sustain its outstanding growth levels for a long time to come, considering the long-term AI chip opportunity. Moreover, the stock is trading at an attractive 24 times forward earnings right now, giving investors an opportunity to buy it before a solid set of results send it higher. TSM stock price was resilient even during broader tech sector weakness, underscoring its role as a core holding in semiconductor-focused portfolios.