Could Buying TSMC Stock Today Set You Up for Life?

Let's face it -- it's easy to say a particular investment is a lifetime holding when you know you can sell it if the company's circumstances change. A true "forever" trade is a relatively rare thing.There are some publicly traded companies, however, that are not only built to last, but built to thrive indefinitely. Their stocks are not only lifetime investments, but potentially life-changing. Taiwan Semiconductor Manufacturing (NYSE: TSM) is one of these names. Here's why.On the off chance you've never heard of it, just as the name suggests, Taiwan Semiconductor Manufacturing, better known as TSMC, makes computer chips. There's a good chance you're a regular user of one of its products, in fact. See, it doesn't make its own branded designs. TSMC is instead a contracted manufacturer of other chip companies' silicon. Apple, Nvidia (NASDAQ: NVDA), and Qualcomm are just some of its customers. Indeed, this company manufactures about two-thirds of the world's total semiconductors, and reportedly makes nine out of every 10 of the planet's most advanced high-performance chips.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool