Since the beginning of 2023, TSMC shares have risen in price by almost one and a half times, and capitalization has exceeded $500 billion

The market capitalization of the Taiwanese giant TSMC has exceeded $500 billion. The semiconductor company is preparing for

growth after a protracted decline in the memory market.

What is known

TSMC plans to cut capital expenditures, butDespite this, the market capitalization of the Taiwanese company has reached $501 billion. Since the beginning of this year, the price of securities has grown by almost one and a half times (+46%).

The growth is mainly due to two factors.First, it is expected to increase revenue in the segment of artificial intelligence systems. Secondly, the memory market is expected to rise after a long decline.