Taiwan Semiconductor Manufacturing Company (TSMC), with a $900bn market cap, is proposed to join the influential "Magnificent Seven" group, forming the "Incredible Eight."
Taiwan Semiconductor Manufacturing Company (TSMC) with a $900bn market cap is proposed to join the influential "Magnificent Seven" group, forming the "Incredible Eight". Larger than Tesla, TSMC is a chip foundry supplying tech giants like Apple, Microsoft, and Amazon. TSMC's advanced chip tech and projected 50% CAGR in AI-related hardware for the next five years make it a strong long-term investment option.
July 06, 2024
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