10 AI Stocks You Shouldn’t Overlook Right Now

5. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Holders: 186

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures and sells advanced chips used in artificial intelligence applications. On April 15, Morgan Stanley named TSM as a catalyst-driven idea and said it is sticking with TSM ahead of its analyst meeting on April 17.

“We expect the company’s comments on: 1) semiconductor tariff, 2) AI demand sustainability, and 3) the possibility of an Intel JV to result in stock volatility.”

The firm expects TSM to maintain its 2025 revenue growth forecast at mid-20% year-over-year with a capital expenditure of $40 billion.

“AI demand remains healthy, and TSMC will still double its CoWoS capacity in 2025, according to the company.”

-Morgan Stanley analysts led by Charlie Chan said in a note.