Taiwan Semiconductor Manufacturing Corporation (TSMC) to Hold Annual Meeting in the US for the First Time in 37 Years

Taiwan Semiconductor Manufacturing Corporation (TSMC), the world's leading semiconductor foundry, has announced that it will hold its annual meeting in the United States for the first time in 37 years. This is a significant development in the company's history, as TSMC has traditionally held its meetings in Taiwan.

According to reports, TSMC's chairman, Liu Chien-chieh, has confirmed that the company will hold its annual meeting in the US in February 2024. This news has sent shockwaves through the industry, as TSMC has become a major player in the global semiconductor market, surpassing Intel and Samsung in terms of process technology.

The company's shares are highly valued, with foreign investors holding a significant stake of 73% as of November 21. TSMC's decision to hold its annual meeting in the US is seen as a strategic move to tap into the US market and strengthen its ties with American investors.

The move is also seen as a challenge to the US semiconductor industry, as TSMC's dominance in the sector is unlikely to be easily matched. The company's decision to hold its meeting in the US is also seen as a sign of its growing influence in the global semiconductor market.

The annual meeting is expected to be a major event, with attendees expected to include top executives from the company, investors, and industry experts. The meeting is expected to provide insights into TSMC's strategy, financial performance, and future plans.

The decision to hold the meeting in the US is seen as a significant step forward for TSMC, as it seeks to expand its presence in the global market. The company's move is also seen as a challenge to the US semiconductor industry, which has traditionally been dominated by companies such as Intel and Samsung.