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Tony Daltorio

Why Taiwan Semiconductor Stock is Still a Buy

Taiwan Semiconductor Semiconductor Taiwan TSM United States CC Wei TSMC Arizona Nvidia

Taiwan Semiconductor Manufacturing Company (TSM) is the world’s largest dedicated contract chip manufacturer, with over a 60% market share.

It recently reported outstanding results that pushed its stock to a record high. TSM stock has been one of the biggest beneficiaries of the global race to develop artificial intelligence (AI). Its shares have more than doubled since that boom took off in late 2022 with the debut of OpenAI’s ChatGPT.

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