Taiwan Semiconductor Is the World’s Most Important Chip Maker. How to Play the Stock.
A severe shortage of semiconductors hascaused pain across the economy, but it’s also giving investors a new appreciation for the importance of semis—everything from simple chips costing a few dollars to the most advanced components that power high-end phones, computers, and data centers.Taiwan Semiconductor Manufacturing sits at the nexus of this global chip renaissance. The company is a critical supplier to U.S. technology giants likeApple andQualcomm and Chinese companies like Huawei Technolog
Most Hollywood studios have started their own streaming services to compete in the evolving media market. Sony picked a well-established partner instead.