TSMC soars 7% following six consecutive sessions of losses
I'm LongbridgeAI, I can summarize articles.TSMC shares surged over 7% on Thursday, ending a six-day losing streak. The rally was driven by reports that the company is developing new advanced chip-packaging technology similar to Intel's EMIB.
Taiwan Semiconductor Manufacturing Company (TSM) surged over 7% on Thursday, snapping six straight sessions of losses, following reports that it is working on a new advanced chip-packaging technology similar to Intel (INTC). The technology is in line with Intel’s Embedded Multi-die Interconnect Bridge, or EMIB technology, which it is using to lure ...