14 Trending AI Stocks on Latest Ratings and News

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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 19, news publication Bloomberg reported that plans by Chinese tech giant Huawei to develop more powerful chips for AI and phones are facing hurdles due to the US export curbs. In the past few weeks, the US has asked large chip firms like TSM to halt production of advanced AI chips for Chinese firms. TSM has complied with the US demands so far. TSM is marketing 2nm chips that are three generations ahead of present Huawei chips, per the report.

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