The stock price of Taiwan Semiconductor Manufacturing Company rose 1.6% in early trading on Monday. Analysts said that given its dominant position in the global foundry market and global expansion, TSMC is expected to benefit from growing AI capital expenditure and multi-year data center chip demand from hyperscale data center operators.

The stock price of Taiwan Semiconductor Manufacturing Company rose 1.6% in early trading on Monday. Analysts said that given its dominant position in the global foundry market and global expansion, TSMC is expected to benefit from growing AI capital expenditure and multi-year data center chip demand from hyperscale data center operators.