Prediction: Taiwan Semiconductor Manufacturing Will Soar Over the Next 5 Years. Here's 1 Reason Why.
TSMC has been at the foundation of the artificial intelligence explosion.Semiconductors are the underappreciated champions of the tech world. They're found in smartphones, computers, TVs, appliances, cars, and hundreds of other items people interact with daily.Many of the semiconductors used in these products come from Taiwan Semiconductor Manufacturing (TSM 0.33%), the largest chip foundry in the world. It's been a great five years for TSMC stock with its 330% gain, and the next five years look just as pro ...