TSMC: The World's Most Important Company Remains Undervalued

The valuation history shown in the chart above is probably a good reflection of the sentiment that AI companies have had this year. Because when I wrote my first articleMy primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. Targeting those with a market capitalization of less than $10 billion, affords ample opportunities for growth. The ideal scenario is for these companies to demonstrate a long-term capabil ...