Can Taiwan Semiconductor Stock (NYSE:TSM) Replicate Nvidia’s Performance?

Can Taiwan Semiconductor Stock (NYSE:TSM) Replicate Nvidia’s Performance?

Business
April 13, 2024 by secret
18
[ad_1] Taiwan Semiconductor Manufacturing (NYSE:TSM), the world’s largest chipmaker, recently posted impressive revenue figures for March. Notably, Nvidia (NASDAQ:NVDA), which has gained 242.5% in the past year, relies on TSM for chip manufacturing. However, TSM’s stock performance (up 71.5% over the same period; see the comparison image below) has been relatively subdued. This begs the