Is Taiwan Semiconductor Manufacturing a Millionaire-Maker Stock?
TSMTSMC(TSM) The Motley Fool·2024-08-31 05:00

Can the world's leading semiconductor foundry help make investors richer in the long run?Buying and holding solid companies for a long, long time is a tried-and-tested method of making money in the stock market, as this strategy allows investors to not only capitalize on secular growth trends but also benefit from the power of compounding.For instance, an investment of 10,000madeinsharesofNvidia10yearsagoisnowworthmorethan10,000 made in shares of Nvidia 10 years ago is now worth more than 2.7 million. The market has rewarded Nvidia stock handsomely over the ...