TSMC Stock Plummets on Tariffs
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TSMC manufacturesThe Motley Fool
•Technology
Technology
1 Magnificent Artificial Intelligence (AI) Stock Down 25% to Buy Hand Over Fist Before April 17
75% Informative
Taiwan Semiconductor Manufacturing ( TSMC ) is having a forgettable 2025 so far despite starting the year on a bright note.
Shares of the foundry giant have slipped by more than one-third from the 52-week high they achieved on Jan. 24 .
The pullback is a result of the overall negativity in tech stocks on the back of the tariffs imposed by the Trump administration.
However, a closer look at the company's sales in the first two months of the year suggests the stock could come out of the rut it is in.
Taiwan Semiconductor Manufacturing wasn’t one of the 10 best stocks for investors to buy now.
The company is forecasting its revenue to increase at a compound annual growth rate (CAGR) of 20% for the next five years .
Investors looking to add an AI stock that could deliver healthy long-term gains can consider loading up on TSMC before it starts soaring.
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