Taiwan Semiconductor Manufacturing (TSMC) leads in ultra-advanced semiconductors, with revenue from AI accelerators set to grow mid-40% until 2029. TSMC boasts a trillion-dollar market cap, 70% market share in semiconductor manufacturing, and key clients like Apple and Nvidia. Q1 revenue hit $25.5 billion, up 35% YoY, with net income up 60% YoY.
TSMC’s revenue growth is driven by AI accelerators, with a CAGR in the mid-40% range until 2029. The company’s expansion beyond Taiwan, with plants in the U.S., Germany, and Japan, mitigates geopolitical risks. TSMC’s dividend yield is around 1.17%, complementing share price growth. The company has a monopoly on advanced semiconductor manufacturing.
TSMC’s capital expenditures are rising to meet AI chip demand, reaching $38-42 billion in 2024. The company’s resilience through economic cycles and tech advancements underscores its long-term potential. TSMC’s solid track record positions it for continued growth and innovation. TSMC stands out for its efficiency and scale in semiconductor production.
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