Taiwan Semiconductor (TSM) is a leading foundry that should benefit from ongoing chip demand growth. Its shares are valued at a reasonable valuation that should allow for solid total returns over the coming years, although investors should keep an eye on potential risk factors, such as a brewing conflict between China and Taiwan. Overall, I am bullish on Taiwan Semiconductor Manufacturing Company. (See Analysts’ Top Stocks on TipRanks) Long-Term Tailwinds Taiwan Semiconductor Manufacturing Company is a leading foundry, which means that the company manufactures semiconductors for other companies. Nvidia (NVDA), AMD (AMD), and many more do design semiconductors, but do not manufacture them themselves.
https://www.tipranks.com/news/article/taiwan-semiconductor-strong-growth-at-reasonable-valuation?utm_source=advfn.com&utm_medium=referral
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