"TSMC's AI Bet Soars Despite Caution and Warnings"

Despite geopolitical concerns over its location in Taiwan, Taiwan Semiconductor Manufacturing Co. (TSMC) is experiencing a record stock rally as foreign investors boost ownership to a two-year high, driven by the company's claims that AI will be its biggest growth driver this year. Warren Buffett's sale of TSMC holdings and concerns over Taiwan's geopolitical situation have not deterred investors, with TSMC's revenue rising 9.4% in the first two months, driven by demand from AI activities. The company is also making progress in diversifying its operation bases by building new facilities in Japan, Arizona, and Germany.