3 Red Flags for TSMC's Future
Taiwan Semiconductor Manufacturing (NYSE: TSM) is the world's largest and most advanced contract chipmaker, and its top clients include Apple, Advanced Micro Devices, and Qualcomm. The Taiwan-based chipmaker also remains ahead of its closest competitors -- Intel and Samsung -- in the ongoing "process race" to produce smaller, denser, and more power-efficient chips.
That technological lead arguably makes TSMC the world's most important chipmaker. That's why its revenue grew at a compound annual growth rate (CAGR) of 15% from 2002 to 2022 in USD terms, and why it wasn't surprising when Warren Buffett's Berkshire Hathaway took a $4.1 billion stake in the chipmaker last year.
Image source: TSMC.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€158.40
-0.380%
With 25 Buy predictions and not a single Sell prediction Taiwan Semiconductor Manufacturing Co. Ltd. ADR is an absolute favorite of our community.
As a result the target price of 173 € shows a slightly positive potential of 9.22% compared to the current price of 158.4 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
