Moody’s confirmed TSMC’s Aa3 long-term issuer rating while maintaining a stable outlook, not positive as the article suggests. Only S&P upgraded TSMC’s outlook to positive, reflecting the chipmaker’s dominant position in AI semiconductor production. S&P’s rating stands at AA- with a positive outlook, while Moody’s remains at Aa3 with a stable outlook. The article contained a factual error by incorrectly attributing the positive outlook shift from S&P to Moody’s.
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