Moody's confirmed that TSMC's issuer rating is Aa3, and the rating outlook was raised from stable to positive. Moody's said that the positive outlook and rating confirmation reflect TSMC's growing market position and leading technology position in semiconductor manufacturing, enabling it to fully benefit from the structural growth brought about by artificial intelligence and cloud computing. The company's long-term steady financial strength provides sufficient buffer against potential external risks, and also supports the company's continued expansion of global manufacturing capacity. In the long run, it will further diversify its business. Moody's predicts that within the next two to three years, TSMC will continue to develop and launch a new generation of advanced processes, launch multiple versions of the same process to match the performance needs of different customers, and maintain its leading position in the foundry industry. The positive outlook reflects Moody's view: Relying on continued market dominance, technological leadership, and improving financial conditions, TSMC's credit qualifications are in place to upgrade to a higher rating level.

Moody's confirmed that TSMC's issuer rating is Aa3, and the rating outlook was raised from stable to positive. Moody's said that the positive outlook and rating confirmation reflect TSMC's growing market position and leading technology position in semiconductor manufacturing, enabling it to fully benefit from the structural growth brought about by artificial intelligence and cloud computing. The company's long-term steady financial strength provides sufficient buffer against potential external risks, and also supports the company's continued expansion of global manufacturing capacity. In the long run, it will further diversify its business. Moody's predicts that within the next two to three years, TSMC will continue to develop and launch a new generation of advanced processes, launch multiple versions of the same process to match the performance needs of different customers, and maintain its leading position in the foundry industry. The positive outlook reflects Moody's view: Relying on continued market dominance, technological leadership, and improving financial conditions, TSMC's credit qualifications are in place to upgrade to a higher rating level.