Taiwan Semiconductor Manufacturing Company Limited (TSM) Is Worried About High Construction Costs Of US Plants, Says Jim Cramer

We recently published 10 Stocks Jim Cramer Discussed As He Questioned Official Data. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the stocks Jim Cramer recently discussed.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) isn’t a frequent feature of Cramer’s morning show despite the fact that the firm is the world’s largest contract chip manufacturer. His previous remarks about the company have pointed out that most of its revenue gains are due to orders from NVIDIA. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is playing a key role in bringing chip manufacturing to the US through its multi-billion-dollar facilities in Arizona. However, the firm has faced some troubles, such as rising costs and cultural differences. Here is what Cramer said about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM):

“By the way, Taiwan Semi is saying it costs a huge amount of money to build here versus Arizona.”

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Previously, the CNBC TV host discussed Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s earnings and financial performance:

”Yeah look, Taiwan Semi reports overnight. It’s an unbelievably good number but understand it’s really unbelievably good number because of high performance computing. In other words, it’s a good number because of NVIDIA.

“[Whether he was thrown off by a warning about Q3 margin]. Not at all. Not at all. I think that this is a company that still uses classic underperform, overdeliver. I meant underpromise, overdeliver.”

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Disclosure: None. This article is originally published at Insider Monkey.