Should You Invest In Taiwan Semiconductor Manufacturing Co Ltd - ADR?

Operating globally, Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is the largest specialist producer of semiconductors in the world with 57% of the foundry market share. The company’s core focus is manufacturing semiconductors and integrated circuits products. Semiconductors are essential components in electronic products – from consoles to cars, digital cameras to DVDs. TSMC was founded in Taiwan in 1987, and the company headquarters are located in Hsinchu, Taiwan. As of 2020, the company had 56,000 employees. Products manufactured by TSMC are distributed across the US, Asia, and Europe. The company’s client list includes Apple, Qualcomm, and Nvidia. With the company's focus on green manufacturing, it has featured in the Dow Jones Sustainability Indices for 20 years consecutively and is also listed on the FTSE4Good Emerging Index / All-World Index. TSMC's organic growth has been funded with internally generated finance. Taiwan Semiconductor Manufacturing Co is involved in research and development in other areas such as image sensor technology, mask technology, and 5 nanometer processor technology. In 2021, the company's development of 7 nanometer foundry technology won it the Corporate Innovation Award. Its stock is traded on the NYSE with the ticker TSM. Keep track of changes to TSMC stock by adding Taiwan Semiconductor Manufacturing Company to your eToro watchlist.