If I Could Only Buy 1 Chip Stock, This Would Be It
Chip investing has become a huge part of many investors' portfolios, whether they understand it or not. Chips are in nearly every device that consumers buy, but some of the most high-powered chips are produced by one company: Taiwan Semiconductor Manufacturing (NYSE: TSM).Taiwan Semiconductor is the top dog in the chipmaking space, and my top stock to buy and hold in this industry. It has several key partnerships with top technology companies, and its culture of continuous improvement solidifies this thesis.If I could only buy one chip stock, TSMC (as it's commonly called) would be it. If you don't own shares right now, there's good news: The stock is reasonably priced.Continue reading
Chip investing has become a huge part of many investors' portfolios, whether they understand it or not. Chips are in nearly every device that consumers buy, but some of the most high-powered chips are produced by one company: Taiwan Semiconductor Manufacturing (NYSE: TSM).
Taiwan Semiconductor is the top dog in the chipmaking space, and my top stock to buy and hold in this industry. It has several key partnerships with top technology companies, and its culture of continuous improvement solidifies this thesis.
If I could only buy one chip stock, TSMC (as it's commonly called) would be it. If you don't own shares right now, there's good news: The stock is reasonably priced.
