Taiwan Semiconductor Manufacturing Co. (TSMC) shares rise due to strong revenue growth in February.

Taiwan Semiconductor Manufacturing Co. (TSMC) shares rise due to 11.3% year-over-year growth in February revenue ($5.74B) and 9.4% year-to-date growth. TSM holds 50% of the contract chip market and 90% of advanced chips, crucial for AI components. Its AI-related revenue expected to reach 25% of total by 2027, with 43% operating margin and 13.5% top-line CAGR. TSM stock considered a strong buy.