$Taiwan Semiconductor Manufacturing(TSM)$ The company is at the industry forefront, constantly improving its current products and creating new ones. TSMC is ready to launch mass production of 3nm chips in the next quarter. The company sees demand for 3nm chips is exceeding that for 5nm chips in the first two years of the technology process launch.
Despite the lower real volume of TSMC's customers, the company has long-term contracts and is expected to maintain its chip supplies. The ongoing crisis is largely affecting older generations of chips, resulting in the product mix shifting to the company's products with higher margin.
Even given all kinds of risks, TSMC is now at attractive levels for long-term investors to buy.
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