Reported 8 months ago
Nvidia, the leading computer chip giant valued at over $3.34 trillion, is being powered by Taiwan Semiconductor Manufacturing (TSMC), a company that excels in chipmaking with its innovative foundry model. TSMC works with major players like Apple, Alphabet, Amazon, and Nvidia, positioning itself as the backbone of advanced semiconductor manufacturing. With strong operating income growth and substantial revenue, TSMC's stock is up 439% in the last five years, reflecting investor confidence in the company's role in the AI revolution and geographical diversification efforts to mitigate risks of Chinese aggression. However, with a high P/E ratio around 35, some caution is advised regarding the current stock price being potentially overvalued amidst AI market exuberance.
Source: YAHOO