Flags of Taiwan and Taiwan Semiconductor Manufacturing Co. (TSMC) are displayed next to its headquarters in Hsinchu. Photo: ReutersIf you’re hung up on the potential upside (or pitfalls) of Bitcoin mining for Taiwan Semiconductor Manufacturing Co., then you may be missing an even bigger story. TSMC, which makes chips for Apple Inc. and for Bitcoin miners, is set to pull in cash by the bucket load. In a way, that’s a good thing. TSMC’s cash generation, on the other hand, has a long-term future.
Source: Mint January 19, 2018 07:52 UTC