Could Investing $10,000 in TSMC Make You a Millionaire?
TSMC(TSM) The Motley Fool·2024-11-29 11:15
The past decade has been a rewarding one for Taiwan Semiconductor Manufacturing (TSM -1.44%) investors, as shares of the foundry giant have shot up an incredible 706% during this period, turning an investment of $10,000 made in the stock 10 years ago into just over $80,000, as of this writing. Popularly known as TSMC, the Taiwan-based company benefited from the secular growth in the semiconductor space over the past 10 years. As such, anyone who bought $10,000 worth of TSMC stock a decade ago with the aim o ...