In this article, I evaluated two chip stocks, Intel Corporation (INTC) and Taiwan Semiconductor Manufacturing Company Limited (TSM), to determine which has the potential for better returns. We believe TSM is the better investment for the reasons explained throughout this piece.
Semiconductors are a crucial component of electronic devices, enabling advances in computing, communications, medical devices and healthcare, transportation, military systems, clean energy, and other numerous applications. Moreover, the U.S. semiconductor industry is the worldwide industry leader, with nearly half of global market share and sales of $275 billion in 2022.
