With the New Year finally with us, investment bank Morgan Stanley is out with its fresh note for the Taiwan Semiconductor Manufacturing Company (NYSE:TSM), according to a report in the Taiwanese publication United Daily News (UDN). TSMC is the world's largest contract chip manufacturer, competing head to head with Intel and Samsung for manufacturing chips with the latest technologies. The industry's incessant drive to reduce semiconductor feature sizes by as much as technologically feasible has limited manufacturing options to expensive high end machines in scarce supply. These machines, called EUV equipment, will prove key to TSMC unlocking more market share […]
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