1 Magnificent Artificial Intelligence (AI) Stock Down 25% to Buy Hand Over Fist Before April 17

Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, is having a forgettable 2025 so far despite starting the year on a bright note. Shares of the foundry giant have slipped by more than one-third from the 52-week high they achieved on Jan. 24.TSMC's pullback is a result of the overall negativity in tech stocks on the back of the tariffs imposed by the Trump administration. It is feared that the tariff war will lead to an increase in manufacturing costs for technology companies that make products outside the U.S., bumping up the cost of deploying artificial intelligence (AI) data centers and forcing tech giants to rein in their spending.Additionally, tariffs are expected to negatively affect the U.S. economy's growth, which explains why there has been an increase in the probability of a recession. All these factors have weighed on TSMC stock this year.Continue reading

Apr 6, 2025 - 15:51
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1 Magnificent Artificial Intelligence (AI) Stock Down 25% to Buy Hand Over Fist Before April 17

Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, is having a forgettable 2025 so far despite starting the year on a bright note. Shares of the foundry giant have slipped by more than one-third from the 52-week high they achieved on Jan. 24.

TSMC's pullback is a result of the overall negativity in tech stocks on the back of the tariffs imposed by the Trump administration. It is feared that the tariff war will lead to an increase in manufacturing costs for technology companies that make products outside the U.S., bumping up the cost of deploying artificial intelligence (AI) data centers and forcing tech giants to rein in their spending.

Additionally, tariffs are expected to negatively affect the U.S. economy's growth, which explains why there has been an increase in the probability of a recession. All these factors have weighed on TSMC stock this year.

Continue reading