1 Monster Opportunity in the Global Chip Shortage
With secular growth in various sectors, supply chain disruptions caused by the COVID-19 pandemic, and a burst of demand because of changing consumer habits, there was a perfect storm to cause a shortage of semiconductors over the past few years.
The industry sold a record 1.15 trillion units in 2021, driving total revenue to $556 billion. This makes the semiconductor market one of the largest and fastest-growing worldwide. But how can investors profit from this secular tailwind?
Taiwan Semiconductor Manufacturing (NYSE: TSM) is the simplest way to invest in the global semiconductor shortage, setting shareholders up for solid returns over the long haul. Here's why.
Source Fool.com
