TSMC Revenue Surges 30% in May on Relentless AI Demand. TSM Stock Is Still Undervalued Here.

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Taiwan Semiconductor Manufacturing Company posted a 30% revenue surge in May, driven by insatiable demand for AI chips that shows no signs of slowing. The world's largest contract chipmaker reported NT$928.7 billion (approximately $29 billion) in monthly revenue, marking its strongest performance in two years. Analysts view the stock as undervalued despite the impressive growth trajectory, suggesting investors have room to capitalize on the artificial intelligence boom that continues to reshape the semiconductor industry.