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The broad market itself might still be undecided regarding its current direction. A handful of solid stocks, however, just look too beaten-down or too hot to pass up at this point. Here’s a closer look at four of these top names to consider soon — as in this week.
Yes, the semiconductor shortage is still with us. It’s not necessarily a problem for every name in the sector, though. For some chip companies, it’s been a boon. Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is one of those beneficiaries.
In simplest terms, Taiwan Semiconductor (or TSMC) is a contract chip manufacturer. It makes semiconductors for outfits that design their own but don’t want to take on the expense of building their own production foundries. Apple, Qualcomm, and Nvidia are just some of its customers.