15 Trending AI Stocks on Latest News and Ratings

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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. Latest reports, published by news agency Reuters, suggest that Huawei, the Chinese tech giant, is planning to start mass-production of the most advanced AI chips it manufactures in the first quarter of 2025. The Chinese firm has sent samples of Ascend 910C, the latest chip, to tech businesses and started taking orders. Previously, Huawei marketed the 910B processors, which featured TSM chips. The US government has since barred TSM from supplying AI chips to Chinese firms.

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