livewire: How to Play the Rush to Supercomputing

It’s said that it was more profitable to be a pick and shovel salesman during the California Gold Rush than it was to be a gold digger. In the war of attrition for increasing computing power, Sanjay Ayer of WCM Investment Management identifies Taiwan Semiconductor (NYSE:TSM) as a modern-day ‘picks and shovels’ company.

“As long as you think technology is going to become more important and chips are going to become more important, Taiwan Semiconductor will play an increasingly critical role in the world.”

Ayer explains the bull case for Taiwan Semiconductor and why the company might become one of the most important businesses in the world.

This article was published on livewire, and the full article is here.

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