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Taiwan Semiconductor Stock Shrugs Off Risks, But Caution Is Warranted

Can a Taiwan-based company earn grant funding from the U.S. government? Apparently, it’s possible and Taiwan Semiconductor (NYSE:TSM) is reportedly set to receive a sizable capital payout. Prudent investors should exercise caution before investing in Taiwan Semiconductor stock.

The bullish argument for Taiwan Semiconductor is quite strong. Still, the market is highly efficient and is fully aware of the artificial intelligence hardware market’s growth potential. It’s fine to keep Taiwan Semiconductor on your watch list, but let the share price pull back before making your move as an investor.

Let me explain.

This post appeared first on InvestorPlace.