With the world going more and more digital, the semiconductor industry has been a major beneficiary, and it’s set to grow even more. However, one major bugbear about the semiconductor sector is that it can be volatile in the short-term, as seen from the chart below:
Source: Semiconductor Industry Association Such cyclicality, though, is normal for the semiconductor industry. Investors who are investing in semiconductor stocks should look at long-term growth trends instead. They can learn more about such trends by looking at the large semiconductor chip makers. Enter Taiwan Semiconductor Manufacturing Company Limited (TPE: 2330)(NYSE: TSM). TSMC for short, the company is the world’s largest dedicated semiconductor foundry with a market share of over 50%. I recently looked through TSMC’s 2020 fourth-quarter earnings call transcript to understand more about the semiconductor industry and what the company has to say about long-term growth trends in the
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
Recent Comments