10 Trending AI Stocks on Latest News and Ratings

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

Number of Hedge Fund Holders: 158  

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. Latest reports, published by news platform Business Insider, claim that chip experts believe that some US businesses are likely to continue depending on TSM chips made in Taiwan for the foreseeable future, even as the company builds factories in Arizona. Chris Miller, a nonresident senior fellow at the American Enterprise Institute, recently told the news platform that companies that prefer to use the most cutting-edge technology — like Nvidia, Apple, Qualcomm, and AMD — will likely continue to source chips from Taiwan for many years in the future.

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