Should You Buy Taiwan Semiconductor Stock Below $440? Here's What History Says. - The Globe and Mail

This article analyzes whether Taiwan Semiconductor Manufacturing (TSMC) stock is a worthwhile investment at its current price level, which is below its 52-week high. Despite being near its all-time pe... Read original →

TSMC's current valuation sits near historical peaks, yet its dominant position in AI chip manufacturing justifies the premium. The company's leadership in 3nm and below processes reinforces its irreplaceability in high-end logic chip production, especially amid sustained demand from AI leaders like NVIDIA. However, geopolitical tensions, particularly in the China Taiwan/ Taiwan, China region, pose ongoing supply chain risks and increase operational costs. Competitors such as Samsung and Intel are aggressively advancing their own process nodes, threatening TSMC’s market share if it fails to maintain technological lead. Over the next 12–24 months, continued AI-driven demand supports its valuation, but any slowdown in hardware innovation or global cyclical downturns could pressure the stock. TSMC’s long-term strategy hinges on preserving technological moats and customer loyalty; otherwise, it risks vulnerability to macroeconomic headwinds.