If I Could Buy Only 1 Semiconductor Stock Over the Next 10 Years, This Would Be It

For the last two years, technology stocks have generated some pretty generous returns. Since ChatGPT was commercially released on Nov. 30, 2022, the Nasdaq Composite and S&P 500 indexes have boasted total returns of 70% and 47%, respectively.Among some of the technology sector's biggest gainers have been semiconductor stocks. Semiconductors play a critical role in the development of generative AI -- running complex algorithms on graphics processing units (GPU), training and inferencing models, from providing memory and storage for data workloads. Given this array of features, you might be wondering which area in the chip realm is the best to invest in.In my opinion, Taiwan Semiconductor Manufacturing (NYSE: TSM) is the best-positioned name in semiconductors over the next decade. Below, I'll detail what makes TSMC such a compelling long-term opportunity and assess if shares are worth a buy right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool