This Brilliant New Technology Could Drive Taiwan Semiconductor to Become a $3 Trillion Company

Interestingly, What caught my attention is Taiwan Semiconductor (TSM 1

Additionally, 25 trillion, making it the ninth-largest company in the world (noteworthy indeed)

Normally, investors don't expect these large companies to duce outstanding growth, as the larger a gets, the more difficult it becomes for it to grow

Moreover, However, TSMC has monster growth jections on the table, as well as a new nology that could drive s much higher

Additionally, However, management believes there's plenty of growth in store for Taiwan Semiconductor to meet this threshold, in this volatile climate

Image source: Getty Images (this bears monitoring)

Taiwan Semiconductor's new chip nologies will push its stock higher Taiwan Semiconductor is the world's leading semiconductor foundry

Its strategy is to offer its clients best-in-class chip duction nologies, and not compete against them

This analysis suggests that model has worked out incredibly well for TSMC, and its customer list ranges from Nvidia to Apple to Tesla

If you have a cutting-edge nology device, it's ly that it contains a chip manufactured by Taiwan Semiconductor

One of the reasons TSMC established itself at the top of its industry is its dedication to driving the next greatest innovation, amid market uncertainty

In contrast, In recent chip launches, Taiwan Semiconductor outpaced its peers by offering the most advanced nology available first

Moreover, That doesn't seem to be changing, as it has some mising nology in the pipeline

Later this year, Taiwan Semiconductor is expected to launch its N2 chip node, indicating 2nm (nanometer) spacing between traces

The pre-launch demand for the N2 node exceeds that of the 3nm and 5nm offerings

This's big news for Taiwan Semiconductor, as the imvements this generation offers are substantial enough that many companies are designing their ducts around this new nology, given current economic conditions

The data indicates that biggest imvement the N2 offers its users is energy efficiency

Nevertheless, This has implications for the smartphone industry, with longer-lasting phones being more desirable, amid market uncertainty

Additionally, the energy consumption of AI computing devices to run generative AI mpts is becoming a front-and-center topic

That's a massive imvement, and the energy savings from these chips may warrant upgrading to new computing units (remarkable data)

Beyond its N2 launch, the company is slated to bring its A16 chip (1

However, management has exceeded its own guidance every quarter this year, so it shouldn't surprise investors to see this jection increase

Conversely, Additionally, Taiwan Semiconductor isn't an expensive stock, at least compared to the broader market

TSM PE Ratio (Forward) data by YCharts

Moreover, With a reasonable price tag and a fairly growth strategy, I think Taiwan Semiconductor is as no-brainer a stock pick as it gets in today's market.