Prediction: This Artificial Intelligence (AI) Stock Will Be Worth $3 Trillion in 5 Years
Taiwan Semiconductor Manufacturing (TSM 0.84%) is one of the most important players in the global semiconductor industry, as it fabricates chips for many of the top fabless chipmakers and consumer electronics giants.The Taiwan-based powerhouse holds a dominant 67% share of the global third-party foundry market; second-place Samsung (which also produces its own chips in-house) has just 11% of the third-party foundry space. Moreover, TSMC's foundry market share has risen steadily from 58% a couple of years ag ...