What's Going On With Taiwan Semi Stock On Friday？ - Taiwan Semiconductor (NYSE:TSM)

　　The new capital injections include $5.26 billion for its Japanese venture, Japan Advanced Semiconductor Manufacturing Inc, and $5 billion for TSMC Arizona Corp to strengthen local supply chain partnerships and recruit skilled talent.

　　TSMCs second Arizona fab will upgrade its process technology to 2 nanometers to meet the strong demand for artificial intelligence (AI) and its existing 3-nanometer technology.

　　The second Kumamoto fab will produce chips ranging from 6-nanometer to 40-nanometer processes for automotive, industrial, and high-performance computing applications.

　　The first Kumamoto fab will begin producing 12-nanometer, 16-nanometer, 22-nanometer, and 28-nanometer chips in the fourth quarter of this year as planned.

　　TSMC also won approval from the government of Kaohsiung to construct its third 2nm fab.

　　Goldman Sachsanalyst has forecasted a rise in three- and five-nanometer chip manufacturing prices.

　　TSMC stock gained over 70% in the last 12 months thanks to the artificial intelligence frenzy. Investors can gain exposure to the semiconductor sector via VanEck Semiconductor ETFSMH and iShares Semiconductor ETFSOXX.

　　Price Action:TSM shares traded higher by 1.20% at $173.69 premarket at the last check Friday.