$Taiwan Semiconductor Manufacturing(TSM)$ Been holding it for 4 years. Love the stock. A steady riser with a very respectable dividend (for a tech manufacturer). TSM isn’t design, they’re manufacturing and have 70+% market share.
Of the top 5 foundries in the world, TSM outproduces all of them hand over fist. They're building in the US, they're building in Germany and in Japan. Best run business of them all. Once the fabs in AZ, Germany, and the two new ones in Japan are complete and debt is paid, they’re going to be raking it in.
The joint venture fab plant mostly owned by tsmc with 70% and 10% each for the other 3 companies. I also considered the distribution and the unforeseen expansion or demand. TSMC is basically a pension for majority of Taiwanese people so I ain’t worried about that.
The chip war is very real, and it's never a bad idea to pay a little more in multiple for companies with explosive growth.
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