Reported 4 months ago
In an article by Motley Fool, it is suggested that Taiwan Semiconductor (TSM) could potentially be the next semiconductor company to reach a trillion-dollar market valuation after Nvidia, rather than AMD, due to its crucial role in the chip industry. While Nvidia and AMD design chips, Taiwan Semiconductor manufactures them for many companies. Despite revenue fluctuations, Taiwan Semiconductor has a strong long-term outlook with analysts forecasting significant growth. The article highlights the company's importance in the AI industry and suggests that its stock may be a good long-term investment, potentially following Nvidia to a trillion-dollar valuation soon.
Source: YAHOO