1 Top Tech Stock to Buy Hand Over Fist Before TSMC's Spending Splurge Begins
TSMC(TSM) The Motley Fool·2024-09-28 08:45The foundry giant is set to spend big in the coming years, and there's one company that could stand to win big.Taiwan Semiconductor Manufacturing (TSM -4.74%), popularly known as TSMC, is the world's largest semiconductor foundry that manufactures chips for fabless semiconductor companies. Its customers include popular names such as Nvidia, Apple, Advanced Micro Devices, Broadcom, Qualcomm, and others.TSMC controls 62% of the global foundry market, enjoying a significant lead over second-place Samsung, whic ...