Investing in Harrow Health (NASDAQ:HROW) five years ago would have delivered you a 752% gain

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Is It Too Late to Buy Taiwan Semiconductor Manufacturing’s Stock?

If you were hoping for Taiwan Semiconductor Manufacturing (NYSE: TSM) stock to fall after offering up weak guidance for the coming first quarter, you were likely disappointed when the stock of the leading manufacturer of semiconductor chips instead took off. Having bottomed at around $60 per share in October, shares have gained 51% since, in part from the vote of confidence coming from Warren Buffett’s Berkshire Hathaway buying a large, 60-million-share tranche. Taiwan Semiconductor’s earnings report did not predict good news for the health of the industry for at least the first six months of 2023.