1 Unstoppable Chip Company That Could Soar to a $1 Trillion Valuation
Although the market is in a downturn right now, I've still got my eyes on the horizon. Depending on the effects of tariffs, we could be in for some more stock market pain over the next few months, but if that timeline is stretched out to three or five years, today's stock prices start to make a lot more sense.One chip stock that I'm excited about is Taiwan Semiconductor Manufacturing Company (NYSE: TSM) -- or TSMC. I think it could easily become a trillion-dollar company in a relatively short time frame. Its stock has gotten whacked alongside the market and is now down around 35% from its all-time high. If you've got a long-term mindset, I think today's price looks incredibly attractive, as the stock appears to be dirt cheap.Continue reading
Although the market is in a downturn right now, I've still got my eyes on the horizon. Depending on the effects of tariffs, we could be in for some more stock market pain over the next few months, but if that timeline is stretched out to three or five years, today's stock prices start to make a lot more sense.
One chip stock that I'm excited about is Taiwan Semiconductor Manufacturing Company (NYSE: TSM) -- or TSMC. I think it could easily become a trillion-dollar company in a relatively short time frame. Its stock has gotten whacked alongside the market and is now down around 35% from its all-time high.
If you've got a long-term mindset, I think today's price looks incredibly attractive, as the stock appears to be dirt cheap.
