Market Insight : Why Taiwan Semiconductor Could Skyrocket 129% by 2030: Key Insights for Investors
Market Insight : Why Taiwan Semiconductor Could Skyrocket 129% by 2030: Key Insights for Investors Company Overview Taiwan Semiconductor Manufacturing Company (TSMC), the leading semiconductor foundry, is pivotal in driving innovation across various tech sectors. The company’s production capabilities and strategic market positioning continue to attract significant investor interest amid global chip demand growth. Technical Indicator Breakdown and Analysis (as of 2025-05-17) EMA12: 124.032312 - The 12-day Exponential Moving Average shows the short-term momentum is strong, indicating recent price gains. EMA26: 117.90052 - The 26-day EMA reflects a slightly longer trend, confirming continued upward movement compared to the short-term EMA. MACD: 6.13179 - The Moving Average Convergence Divergence value being positive signals a bullish trend and potential for further price increases. RSI: 72.92273 - The Relative Strength Index above 70 suggests the stock is in overb...