$Taiwan Semiconductor Manufacturing(TSM)$
Their dominance in the semiconductor industry is next level. No wonder everyone from $Apple(AAPL)$ to $NVIDIA Corp(NVDA)$ relies on them. It’s almost like they’ve created this fortress around their business that’s hard for anyone to break through.
I mean, how can competitors even come close when TSMC is running such a tight, profitable ship? Their ability to keep costs low and maintain this level of profitability is rare. It just reinforces the fact that investing in companies with this kind of moat is a no-brainer for the long haul.
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