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TSMC Surpasses $1 Trillion Valuation as Artificial Intelligence Demand Skyrockets

In a historic moment for the Asian tech industry, Taiwan Semiconductor Manufacturing Company (TSMC) has become the first company in the region to reach a valuation of $1 trillion. This significant achievement comes as a result of the surging demand for artificial intelligence (AI) technology, which TSMC has been a key player in. With this milestone, TSMC has surpassed other major tech giants such as Broadcom and is quickly closing in on Meta, making its mark as a global leader in the rapidly evolving AI market.