30 AI News Investors Should Not Miss

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

Number of Hedge Fund Holders: 156  

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. The company has invested heavily in research and development over the past few years, and is thus able to pack more transistors on chips compared to competitors, making them more powerful and efficient. As the AI wave sweeps the market, the firm is on full volume production for the 3nm node process, and is set to start mass production on 2nm nodes in 2025. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) also derives tech superiority over rivals in terms of semiconductor packaging as well. Market expert Uttam Dey recently penned an investor note on the chipmaker, highlighting that despite this chip power, TSM rival Samsung is catching up. The latter intends to use the latest 3nm chip processing technology to make the next Galaxy line-up of smartphones and smartwatches, and is expected to use a home-grown 3nm Exynos W1000 AP chip for Galaxy S25 smartphone, anticipated early next year.

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