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TSMC Is Probably The Most Important Company In The World Right Now
TSMCTSMC(US:TSM) Seeking Alphaยท2024-01-11 07:58
JHVEPhoto/iStock Editorial via Getty ImagesThe TSMC Investment Thesis Taiwan Semiconductor Manufacturing Company (NYSE:TSM) or most commonly referred to as TSMC is the heart of today's economy. This is because semiconductors are now a key part of nearly every type of electronic device, from cars to smart phones. Most people are probably not aware that even appliances like refrigerators depend on this industry, and that the chip shortage affected 169 different industries. It is therefore not surprising t ...