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StockNews.com
StockNews.com
Business
Santanu Roy

The Best Semiconductor Stock to Buy Right Now

Headquartered in Hsinchu City, Taiwan, Taiwan Semiconductor Manufacturing Company Limited (TSM), with a market capitalization of $394.31 billion, provides integrated circuit manufacturing services globally. This involves manufacturing, packaging, testing, and selling integrated circuits and other semiconductor devices.

On December 6, TSM updated that in addition to its first fab in Arizona, which is scheduled to begin production in 2024, it has also started the construction of a second fab, scheduled to begin production in 2026.

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