Here's Why I'm Loading Up on Taiwan Semiconductor Manufacturing Company and Never Selling

Semiconductors (chips) are the unsung heroes of the tech world, powering everything from smartphones to computers to TVs to car infotainment systems, and much more. Most of the time, these semiconductors are smaller than a grain of rice, yet they are to many electronics what a brain is to the human body.When it comes to bringing chips to life, no company does it better than Taiwan Semiconductor Manufacturing (NYSE: TSM) (also known as TSMC). Top companies will design the chips they need for specific products, but most rely on TSMC to manufacture them into high-performing hardware. The tech world's reliance on TSMC is why I continue to load up on the stock with no intention of selling.Image source: TSMC.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool