Why Taiwan Semi Should Still Be a Core Holding for Tech Investors

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Taiwan Semiconductor Manufacturing

TSM-NYSE

Buy • Price $87.23 on April 19

by Needham

Tawian Semiconductor is one of only three companies in the world (along with

Intel

[INTC] and

Samsung Electronics

[005930.South Korea]) capable of producing sub-10-nanometer semiconductors. TSMC leads all competitors in both wafer process and advanced packaging technologies.