Why TSM Stock Remains a Top Buy in 2024 Despite The Incredible Run-Up

Shares of chip-giant Taiwan Semiconductor (NYSE:TSM) have cooled off lately following the broader market slowdown and geopolitical tensions. However, over the course of the year, the stock has been on fire, surging 61% year to date. Given its indispensable role in powering the AI revolution, TSM stock remains as attractive as ever.TSM has top players in global chip manufacturing for major tech firms. Despite geopolitical risks, its critical role in the tech supply chain supports a bullish outlook. TSM’s chi ...