The market correction worsened Wednesday. Some stocks in the beat-up software sector are worth watching. Read More...
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Is It Too Late to Buy TSMC Stock?
Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM), the contract chipmaking juggernaut better known as TSMC, recently hit a new record high after the company posted its fourth-quarter earnings report on Jan. 13. TSMC’s robust growth rates weren’t surprising, since the global chip shortage, which started in early 2020, has consistently caused the market’s demand for TSMC’s wafers to outstrip its available supply. TSMC also manufactures the world’s smallest and most advanced chips, which makes it a crucial partner for fabless chipmakers like Apple, AMD, and Qualcomm.
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