TSMC: The Road To $145 NYSE:TSM
Comparing the company’s valuation based on the PE ratio on a trailing twelve-month basis, TSMC is undervalued as compared to peers like Broadcom (AVGO), Texas Instruments (TXN), and Qualcomm (QCOM). For instance, the projected partnership with Intel (INTC) positions TSMC to become a significant supplier of 3-nanometer chips, marking a strategic collaboration. Intel’s forecasted orders […]