11 Trending AI Stocks on Latest News and Ratings

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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, the chipmaker posted sales numbers for the month of October, reporting monthly sales in excess of $9.8 billion. This represents an increase of more than 29% compared to the previous month, but is below the more than 30% increase recorded for every month this year between March and September. Analysts on Wall Street are still backing the chipmaker, which counts the biggest tech firms in the world among customers, to hit over 36% growth in sales through the coming months of the year.

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