$Taiwan Semiconductor Manufacturing(TSM)$ The thing about semiconductors is that they really are the new gold, but much more functional. The industry goes through cycles, but I think we are in an extended period of expansion. Unlike the dot.com boom and bust there are actually proven cases semiconductors. Also is hard to get ahead of yourself when you have a backlog and your clients are paying cash. Even in a recession hardware needs upgrading. Neglect upgrades at your competitive peril. Buying .
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