15 AI Stocks Making Waves on Wall Street

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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, the company was mentioned in an investor note by Citi on the earnings results of chipmaker NVIDIA. Per the advisory, TSM looked set to benefit from the strong showing of NVIDIA. Citi analyst Chia Yi Chen said that Taiwan Semiconductor is looking to double its chip-on-a-wafer-substrate capacity again in 2025, with NVIDIA being the biggest contributor to the foundry’s AI business.

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