TSMC: One Of The Cheapest Big Tech/AI Stocks

Sundry Photography Investment Thesis TSMC (NYSE:TSM) is the largest foundry (which makes chips for fabless companies) with over 50% market share, and even higher at the leading edge. That makes it a solid investment choice for risk-averse investors, akin to investing in a semiconductor ETF, in my view. Although the stock is up 60% since the rating upgrade in January, the increase in earnings estimates and undervaluation at the time (compared to long-term growth prospects) means the stock remains fairly  ...