If You Invested $2,000 in TSMC in 2014, This Is How Much You Would Have Today
Taiwan Semiconductor Manufacturing (NYSE: TSM), better known as TSMC and the world's largest contract chipmaker, became the first Taiwanese company to list its shares on the NYSE in 1997. A $2,000 investment in its initial offering would have blossomed into to more than $35,000 today.
However, investors who missed TSMC's market debut could have still reaped some big gains by buying the stock at the beginning of 2014. That's when it struck major deals with Apple (NASDAQ: AAPL) and ASML (NASDAQ: ASML). A $2,000 investment on the first trading day of 2014 would be worth about $13,500 today. Let's see how those two deals solidified TSMC as a semiconductor superpower, how rapidly it grew over the past nine years, and if it will continue to grow.
Image source: Getty Images.
Source Fool.com