Taiwan Semiconductor (TSM) is a great buy for the coming time. I am having a good look over Taiwan semiconductors. Recently Nvidia crossed the market capital of $2 Trillion. The growing business of Nvidia shows the growing demand of chips in Nvidia.
Apple and Nvidia both are the consumers of the chips of the TSM. With growing business of Nvidia, the business of the TSM is also going to increase surely. With the running race of AI by Nvidia and other technological giants the demand of the chips is going to increase in the coming future.
Recently Japan also provided $4.9 billion for opening the factory of TSM in Japan. Recently Apple has also collaborated with TSM for the next-gen chip manufacturing. TSM is exceeding the market returns.
TSM is going to go very far in the coming time. Recently TSM has won the $5 billion grant for US plant to serve Apple Nvidia. Due to all these incidents TSM is in great demand. This is very best time to buy TSM with great gain in the coming months.