30 Best AI Stocks to Buy According to Billionaires

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

Number of Hedge Fund Holders: 186  

Number of Billionaire Investors: 30

Value of Billionaire Holdings: $14 Billion 

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. The company dominates the semiconductor manufacturing industry, controlling 90% of the market for leading process nodes. These nodes underpin the success of companies like NVIDIA and Broadcom who rely on the technical and manufacturing expertise of TSM for their AI chip success. Latest reports from news platform The Information indicate that Intel and Taiwan Semiconductor Manufacturing have reached a preliminary agreement to form a joint venture to operate some of Intel’s foundry facilities. Under the agreement, TSMC would take a 20% stake in the new company. In return for its stake, TSMC would provide training and insight into chipmaking techniques.

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