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Barchart
Barchart
Ruchi Gupta

Down 13% from Highs, Should You Buy the Dip in Taiwan Semiconductor Stock?

TSM Taiwan Semi Semiconductor Taiwan

Taiwan Semiconductor Manufacturing Company (TSM) is the world’s biggest semiconductor foundry, valued at $893.8 billion by market cap. TSM designs, produces, and manufactures dedicated and integrated circuits. Its chips are widely used in products such as computing, smartphones, internet of things (IoT), and digital consumer electronics, for massive tech clients that include Nvidia (NVDA), Apple (AAPL), and Advanced Micro Devices (AMD), to name a few.

TSM is headquartered in Hsinchu, Taiwan, and is critically important to the global semiconductor supply chain.

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