Taiwan Semiconductor Manufacturing Is Down 35%. Here's Why Now Could Be the Best Time to Buy the AI Stock.

Conditions continue to work in favor of Taiwan Semiconductor Manufacturing (TSMC) (NYSE: TSM). The world's largest chip producer already controls two-thirds of the foundry market, according to TrendForce. Moreover, with artificial intelligence (AI) demand growing at a rapid clip, the need for the chips it produces only continues to rise.

Unfortunately, the healthy state of TSMC's business did not prevent a 35% drop in the stock price since January. However, with industry leadership and a diverse and desired client base, the short-term forces hammering TSMC stock are more likely a buying opportunity than a sign of a longer-term ...
[Short citation of 8% of the original article]