Should You Buy Taiwan Semiconductor Manufacturing Stock Before Jan. 20?

Investors might be wondering how the results of the 2024 election will affect Taiwan Semiconductor Manufacturing (TSMC) (NYSE: TSM). As the world's largest and most advanced semiconductor producer, it is one of the most critical companies in an important industry.However, the incoming Trump administration has emphasized an increasing need for domestic manufacturing. Hence, the election results could also make it a target. Thus, chip stock investors should probably contemplate whether they should buy before the Jan. 20 inauguration.TSMC is in a geopolitically sensitive situation. China has targeted the company's home country for takeover in a political battle predating the existence of the semiconductor industry. Today, the ramifications of that dispute affect the entire globe since approximately two-thirds of all chip production takes place in Taiwan.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool