What does everyone think about TSM? I know there’s some political risk here. But I just learned that a lot of companies such as AMD, Apple, ARM, Broadcom, Qualcomm and Nvidia are customers of TSM.
For those that don’t know (like me) TSM is the largest chip foundry in the world. It only produces chips whereas a company like NVDA designs chips. I think what makes TSM different is it just cranks out the chips that its customers design. Please correct me if I am wrong here….
It has been on a tear for the past six months. But its PE ratio is 24, which seems a bit low and might not be accounting for the growth opportunity in the semiconductor space. Would appreciate everyone’s thoughts!
