Is TSM stock facing an existential threat?
TSMC(TSM) Finbold·2024-10-14 22:09
Though commonly overlooked by companies like Nvidia (NASDAQ: NVDA ) and Advanced Micro Devices (NASDAQ: AMD), the Taiwan Semicondustor Manufacturing Company (NYSE: TSM) is arguably the most important semiconductor company in the world. ® Specifically, Taiwanese foundries manufacture nearly 70% of the world's chips, and TSMC alone holds more than half of the global market. Additionally, Nvidia and AMD use the company as their supplier. As a result, TSM stock has been one of the major winners of the 2024 stoc ...