Why Is Everyone Talking About TSMC Stock?
Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is one of the world's most talked-about chipmakers. The global chip shortage highlighted the contract chipmaker's role as a linchpin of the semiconductor market, making it a flashpoint for trade tensions between the United States and China. Let's see why everyone has been talking about TSMC -- and what all that buzz means for investors.
TSMC manufactures the world's smallest and most advanced chips for "fabless" chipmakers like Apple (NASDAQ: AAPL), Advanced Micro Devices, and Qualcomm. It established that technological lead with more than three decades of research and development, and its early adoption of ASML's EUV (extreme ultraviolet) lithography systems enabled it to pull ahead of Samsung and Intel (NASDAQ: INTC) in the "process race" to create smaller and more advanced chips in recent years.
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Source Fool.com
