Shares have been on the move with the stock up 8.2% over the past month. The stock hit a new 52-week high of $225.43 in the previous session. TSMC has gained 13% since the start of the year compared to the 37.

More money spent to build data centers will almost certainly lead to more revenue for TSMC, as its top customers include major players in AI and tech like Nvidia, Broadcom, Arm, and AMD, so it's understandable that Taiwan Semi is riding the rising tide higher.

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