---
title: "TSMC edges higher as AMD starts 2nm chip production"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287249387.md"
description: "TSMC's stock rose 0.22% premarket, defying a downward trend in Nasdaq and S&P 500 futures. AMD has commenced production of its 'Venice' EPYC server processors using TSMC's 2nm process, marking a significant milestone. Analysts remain optimistic, maintaining Buy ratings with price targets up to $480 ahead of July earnings, anticipating strong year-over-year growth."
datetime: "2026-05-21T16:05:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287249387.md)
  - [en](https://longbridge.com/en/news/287249387.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287249387.md)
---

# TSMC edges higher as AMD starts 2nm chip production

Stock bucks trend: TSMC rose 0.22% premarket Thursday, outperforming falling Nasdaq and S&P 500 futures in a cautious market. AMD’s 2nm debut: AMD began production of its 'Venice' EPYC server processors on TSMC’s 2nm process, the first HPC product at this node. Bullish outlook: Analysts maintain Buy ratings with targets up to $480 ahead of July earnings, forecasting strong year-over-year growth.

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