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Hyped Asset of the Day January 11, 2022
Taiwan Semiconductor Manufacturing Company (NYSE:TSM)
Positive Hype:
The company should benefit from strong demand for tech products through 2022.
TSMC is the largest dedicated semiconductor foundry in the world.
Over the last 15 years, the stock has returned over 1,000% to investors.
It generated $10 billion in free cash flow over the last year and paid out 90% of that in dividends to shareholders.
TSMC reported third-quarter revenue growth ( in U.S. dollars) of 22.6% over the year-ago period.
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