14 AI News Updates Wall Street Is Monitoring

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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. On November 21, financial news platform Forex Live reported, citing comments from the economy minister of Taiwan, that TSMC was expected to construct one new fabrication facility annually in Taiwan over the next decade. The minister further said that Taiwan needed to ensure adequate power and water resources to support these facilities. The minister also highlighted that new TSMC fabs in Kaohsiung, southern Taiwan, were ready to go, indicating they would be operational soon.

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