Investors watching TSM stock price today see it holding above the $155 technical support level, indicating bullish momentum. Market chatter suggests institutional buyers are accumulating positions ahead of next month’s earnings release. While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. AI servers are powered by central processing units (CPUs), graphics processing units (GPUs), and custom processors, and TSMC fabricates these chips for the various chip designers outlined earlier. Moreover, consulting firm Bain & Company estimates that AI compute demand will continue to outpace supply until the end of the decade. Market strategists comment that TSM stock price today reflects increased semiconductor capital expenditure worldwide, a long-term bullish indicator.
