
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) has significantly outperformed the broader market this year, with a 16% year-to-date gain, comfortably surpassing the Nasdaq Composite’s 10% return.
This strong performance is underpinned by the company’s indispensable role as a primary supplier for tech giants, including Nvidia (NASDAQ:NVDA) and Apple (NASDAQ:AAPL).