Taiwan Semiconductor has seen a stock increase of over 3,000% since 1997.

From Nasdaq: 2024-10-03 07:45:00

In October 1997, investing $50,000 in Taiwan Semiconductor Manufacturing (NYSE: TSM) would now be worth over $1.5 million, with the stock rising over 3,000%. TSMC is a top choice for AI infrastructure investments due to its leading technology and high demand for advanced chips from customers like Nvidia, AMD, and Apple. As AI technology grows, TSMC is set to benefit from increased chip demand and higher prices in the future. The company’s solid market position and growth prospects make it a strong contender for a millionaire-making portfolio.



Read more at Nasdaq: Is Taiwan Semiconductor a Millionaire-Maker Stock?