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Moody's affirms TSMC's Aa3 rating, raises outlook to positive
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Moody’s confirmed TSMC’s Aa3 long-term issuer rating and raised its outlook to positive. The decision comes as the company maintains a dominant position in manufacturing semiconductors for artificial intelligence and projects revenue growth above 40% by 2026. *** Moody’s maintained TSMC’s Aa3 long-term issuer rating. The agency raised the company’s perspective to positive, although it still did not change its category. TSMC projects that its 202…
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