TSM post 32% sales increase, Making TSM the Ultimate Prize

[Arthur Hanson]

TSM posts a 32% sales increase. No wonder China wants TSM, they generate huge cash flow and dominate chip making. TSM will be making the chips that will revolutionize manufacturing and China fully realizes if they don't seize control of TSM, other countries could easily take the lead in manufacturing that China now holds. This has been overlooked by many. He who controls AI/ML can rule the world and this is the position Xi would like China to be in. Also how many of the world's very top tier companies post back to back 30 plus percent sales increases with any regularity? On top of this growth figure is the staggering 37.96 net profit margin, almost unheard of in any industry or endeavor.

Chip Boom Helps Taiwan Semiconductor Post December Sales Jump

Demand for chips boosted by fast-growing sectors such as 5G or electric vehicles

www.barrons.com