11 AI News and Ratings You Should Not Miss

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

Number of Hedge Fund Holders: 156  

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. On November 7, news publication Financial Times reported that the chipmaker planned to stop the production of advanced AI chips for Chinese customers. Per the reports, the firm would no longer manufacture AI chips at advanced process nodes of 7 nanometers or smaller for Chinese firms. TSM is the most advanced chipmaker in the world and has previously supplied chips for Chinese tech giants like Alibaba and Baidu. Both the Chinese firms are part of larger Chinese plans to create an alternative for NVIDIA.

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