1 No-Brainer AI Stock Down 27% to Buy the Dip on Right Now (Hint: It's Not Nvidia)
Taiwan Semiconductor Manufacturing, often known as TSMC, is the world's biggest contract semiconductor, handling more than 50% of contract chip production in the world, and an estimated 90% of contract production for advanced chips. TSMC is now one of the most valuable companies in the world, and it's the company that tech titans like Apple, Nvidia, Broadcom, Advanced Micro Devices, and Qualcomm, among others, making it a linchpin in the global technology supply chain. TSMC has delivered impressive growth through the AI era, and the company benefits from significant competitive advantages in capacity, expertise, technology, and customer relationships.