12 AI Stocks Analysts Are Talking About Right Now

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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 21, the company announced that its role in the semiconductor supply chain limits its ability to ensure export compliance. The announcement comes months after the company’s artificial intelligence silicon was found with US-sanctioned Huawei Technologies Co. through intermediaries.

“TSMC’s role in the semiconductor supply chain inherently limits its visibility and information available to it regarding the downstream use or user of final products that incorporate semiconductors manufactured by it.”

-Hsinchu, Taiwan-based company.

Despite TSMC’s best efforts to abide by relevant export control regulations, the company revealed that there is no “assurance” that it will be able to do so.

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