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TSMC Just Scored a Big Win: Time to Buy the AI Stock?
TSMTSMC(TSM) The Motley Fool·2024-10-30 09:45

Its new Arizona plant just posted an impressive result. Taiwan Semiconductor Manufacturing (TSM 1.16%) is one of the most powerful companies in the globe. It's the world's biggest contract manufacturer, handling production for some of the most important tech companies like Apple, Nvidia, Broadcom, and Advanced Micro Devices. The company dominates the market in third-party chip manufacturing with an estimated market share of 62% -- and around 90% for advanced chip manufacturing. As a result, TSMC is a linchp ...