# Taiwan Semiconductor stock rose 0.22% in premarket action.

*semiconductor · news · 2026-05-21 · Benzinga*

## Key points

- AMD has begun ramping production of 'Venice,' its next-gen EPYC server processor, on TSMC's 2nm process.
- AMD 'Venice' is the industry's first high-performance computing chip entering production at the 2nm node.
- AMD plans to expand 'Venice' production to TSMC's Arizona facility after starting in Taiwan.
- AMD revealed 'Verano,' a sixth-gen EPYC processor with integrated LPDDR memory for improved AI performance.
- TSMC trades at a premium P/E of 34.5x, above peer averages, reflecting strong analyst confidence.

**Companies:** Taiwan Semiconductor, Advanced Micro Devices
**Countries:** Taiwan, United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/05/52711640/whats-going-on-with-taiwan-semiconductor-stock-thursday-2)

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