Reported 1 day ago
Taiwan Semiconductor Manufacturing Company (TSMC) saw an impressive 89.9% gain in 2024, significantly outperforming broader market indices, thanks to its leadership in advanced chip-making for AI and high-performance computing. Despite challenges such as rising operational costs and geopolitical tensions, TSMC's strategic investments and solid client base suggest long-term growth potential. While the stock is currently not overvalued with a forward P/E ratio of 23.81, investors are advised to hold rather than buy, given short-term uncertainties.
Source: YAHOO