15 AI News That Broke The Internet This Week

Page 10 of 15

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. TrendForce, a Taiwan-based market information firm, recently released a report detailing that the $65 billion TSM investment in the US would enable the North American country to become the second largest maker of advanced semiconductor processes by 2027. Estimates from the market research firm suggest that the US will account for a 21% share in the global advanced IC production market by 2027, sharply up from the current 9%, moving up one spot in the table.

Page 10 of 15