A Semiconductor Shortage? Not if TSMC Can Help It
April 29, 2021 at 08:00 AM EDT
Taiwan Semiconductor Manufacturing Co (TSMC), the largest holding in the VanEck Vectors Semiconductor ETF (SMH), is set to pour in $2.8 billion into China to up their production of chips for use in automobiles. As of this writing, TSMC comprises about 15% of the fund’s assets, and given its...