Taiwan Semiconductor Manufacturing Co. (TSM) or TSMC, a chip manufacturer, is a stock that has certainly grabbed the attention of many investors. The shares of this company gained around 50% and 308% over the past year and the last five years, respectively. Since the outbreak of the pandemic, sales of computers, video games, and other electronic devices, all of which rely on microchips, surged dramatically. As a result, TSMC benefitted and became a highly popular stock. The consumer demand for high-end smartphones and laptops should continue to rise as the globe becomes increasingly data-driven, driving up chip processing demand even further.
https://www.tipranks.com/news/article/can-taiwan-semiconductor-continue-its-upswing?utm_source=advfn.com&utm_medium=referral
Taiwan Semiconductor Man... (NYSE:TSM)
Historical Stock Chart
From Apr 2022 to May 2022 Click Here for more Taiwan Semiconductor Man... Charts.
Taiwan Semiconductor Man... (NYSE:TSM)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more Taiwan Semiconductor Man... Charts.