10 Stocks That Could Skyrocket After Jensen Huang’s Earnings Call

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

Taiwan Semiconductor Manufacturing Company Limited is a manufacturer, tester, packager, and seller of integrated circuits and other semiconductor devices. It also provides customer and engineering support services and investment services and manufactures masks. Apple Inc. is the biggest customer of the chipmaker, with Jensen Huang’s firm coming in second.

With such a big reliance on the number one GPUs in the world, TSM is likely to be the most affected stock from Jensen Huang’s earnings call this week. The Blackwell GPUs are being manufactured at the company’s Taiwan facilities. The earnings call will be dissected for evidence of Blackwell GPU revenues and if they start showing up, TSM stock will respond. However, if the Blackwell GPU execution issues continue, it will bring the uncertainty back.

The execution issues are arising due to the simple fact that not all the data centers are capable of installing these GPUs without the associated equipment also being of similar high standards. Investors must note, however, that any such impact will be short-term, as there is no other company in the world that can manufacture these high-end products. The revenue may be delayed, but it will come.

Taiwan Semiconductor Manufacturing Company Limited is 6th on our latest list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 186 hedge fund portfolios held TSM at the end of the fourth quarter which was 158 in the previous quarter. While we acknowledge the potential of TSM as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as TSM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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