Will TSMC Be a Trillion-Dollar Stock by 2030?

Taiwan Semiconductor Manufacturing (TSM 1.03%), also known as TSMC, is the world's largest, most advanced contract chipmaker. It manufactures the smallest, densest, and most power-efficient chips for "fabless" chipmakers like Apple, Nvidia (NVDA 4.17%), and Advanced Micro Devices, and it's widely considered a bellwether of the semiconductor sector.But last year, Nvidia actually became the world's first trillion-dollar chipmaker instead of TSMC. That was a bit surprising, since TSMC still generates more annu ...