Where Will TSMC Stock Be in 5 Years?
TSMTSMC(TSM) The Motley Fool·2024-08-07 16:40

This semiconductor foundry giant seems on track to clock faster growth over the next five years.The past five years have been great for investors in Taiwan Semiconductor Manufacturing (TSM 5.03%), popularly known as TSMC. Share prices of the company have shot up an impressive 258% during this period and outperformed the S&P 500 index's comparable gains of 81% by a huge margin.TSMC's incredible rally could continue over the next five years as well. Let's take a closer look at why buying and holding this semi ...