This Chip Stock Could Be the Best Investment of the Decade

Finding decade-defining investments is every investor's dream. There have been multiple examples of stocks that have been top performers for a long time, giving early investors fantastic returns.One stock that could be a top chip investment of the decade is Taiwan Semiconductor Manufacturing (NYSE: TSM). TSMC, as it's commonly known, is already at the top of the chip fabrication food chain, but its jaw-dropping growth projection over the next few years will make it one of the best stock picks of the coming decade.Taiwan Semiconductor is in a dominant position in its industry due to its client base. None of the top big tech companies, like Nvidia or Apple, has the ability to produce its own chips. Instead, they design them in-house and then send those designs to TSMC to be manufactured. Because TSMC is only a fabrication facility and isn't trying to compete against any of its clients, its clients can rest assured that the competition isn't stealing their designs.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool