14 AI News You Should Pay Attention To

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

Market Capitalization: $851 Billion  

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. On November 11, investment advisory Needham released an investor note on the semiconductor market, noting that TSM was likely to be a key beneficiary of a rebranded CHIPS Act. The Trump administration, which initially drafted the Act, could pause and reassess the Act. Needham predicted near-term volatility for TSM stock but also highlighted that TSM was the first non-US semiconductor company that was pulled into the US to set up fabs during Trump’s first term.