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Bull of the Day: Taiwan Semiconductor (TSM)

Source: yahoo.com yahoo.com
News Snapshot:

Taiwan Semiconductor TSM is a central player in the manufacture of chips for companies like Apple, NVIDIA, and Marvell. My colleague Derek Lewis profiled TSM last month and highlighted the company's stunning doubling of revenue in less than 3 years. This year's topline will ramp a projected 37% to nearly $78 billion, while profits are expected to top $6.30 for 53% growth. In 2021, Apple AAPL was the largest customer of the Taiwanese semiconductor foundry, aka TSMC, contributing a quarter of the company's revenues. Why TSM Services Are In High Demand TSM is known as a "fab" or "foundry" for…

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