Better Chip Stock: ASML vs. TSMC
ASML (NASDAQ: ASML) and Taiwan Semiconductor Manufacturing (NYSE: TSM), also known as TSMC, are both linchpins of the global semiconductor market. ASML is the world's largest producer of photolithography systems, which optically etch circuit patterns onto silicon wafers. TSMC, which uses ASML's systems to manufacture its chips, is the world's largest and most technologically advanced contract chipmaker.
ASML is also the only producer of extreme ultraviolet (EUV) lithography systems, which are used to produce the world's smallest, densest, and most power-efficient chips. ASML's largest customer, TSMC, uses those EUV systems to manufacture top-tier chips for fabless chipmakers like Apple, AMD, Nvidia, and Qualcomm.
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Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 218 € there is a slightly positive potential of 17.08% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 186.2 €.
