3 Things About Taiwan Semiconductor That Smart Investors Know
Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) have returned nearly 400% over the last 10 years, more than double the return of the S 500 index. That's even after a sharp sell-off last year over falling chip demand.
TSMC is a leading semiconductor company, but it operates as a foundry, meaning it makes chips for other companies. It has manufactured chips for Apple, Amazon, Advanced Micro Devices, Nvidia, and others.
There's a lot impacting the consensus opinion of where TSMC stock goes from here, especially with mounting risks on the geopolitical scene and weak demand in the chip industry. Let's review three things about this superstar performer that smart investors know.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€129.20
1.260%
Taiwan Semiconductor Manufacturing Co. Ltd. ADR is currently one of the favorites of our community with 17 Buy predictions and no Sell predictions.
With a target price of 150 € there is a slightly positive potential of 16.1% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 129.2 €.
