TSMC is really undervalued at current price. The high-end chips made by TSMC are perpetually in demand! No worries about glut - it only apply to those making low-end chips. 

TSMC stock surged more than 2% in premarket trading

TSMC stock surged more than 2% in premarket trading after Japan planning to subsidize TSMC plant. A
TSMC stock surged more than 2% in premarket trading

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