Reported 3 months ago
Taiwan Semiconductor Manufacturing (TSMC) has seen an impressive rise of over 80% in 2024, sparking questions about whether it's too late to invest. TSMC plays a crucial role in the tech industry, manufacturing chips for major companies like Apple and Nvidia, particularly benefiting from the growing demand for AI technologies. Despite forecasts for substantial growth, the stock's current high valuation raises caution for potential investors. Analysts suggest a cautious approach, recommending starting with a smaller investment and tracking the company's performance for better opportunities.
Source: YAHOO