Taiwan Semiconductor's Stock Hits an All-Time High: Is It Too Late to Invest?

Taiwan Semiconductor's Stock Hits an All-Time High: Is It Too Late to Invest?

Key PointsTaiwan Semiconductor is not only growing sales at a fast rate, but its profits have been soaring as well.The company's profit margin is now around 50%.While its valuation has been rising, the stock's earnings multiple may still not be terribly high.10 stocks we like better than Taiwan Semiconductor Manufacturing › One of the biggest players in the artificial intelligence (AI) market that's benefiting from strong demand for semiconducto…