This Brilliant New Technology Could Drive Taiwan Semiconductor to Become a $3 Trillion Company

Taiwan Semiconductor (NYSE: TSM) is currently valued at around $1.25 trillion, making it the ninth-largest company in the world. Normally, investors don't expect these large companies to produce outstanding growth, as the larger a business gets, the more difficult it becomes for it to grow. However, TSMC has monster growth projections on the table, as well as a new technology that could drive shares much higher.Rising from today's $1.25 trillion valuation to a $3 trillion valuation would require a 140% return. However, management believes there's plenty of growth in store for Taiwan Semiconductor to meet this threshold. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool