35 Chip Stocks In Focus Amid Tech Selloff

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2. 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. In the earnings of the fourth quarter of 2024, the company reported a net revenue of NT$868.46 billion, representing a 39% increase from the previous year. Reuters reported in January that the company has begun producing advanced 4-nanometer (nm) chips for US customers in Arizona. In November, the US government had finalized a $6.6 billion grant to TSM’s US unit for semiconductor production in Phoenix, Arizona. Latest reports suggest that the company plans to build a 1 nm process fab in southern Taiwan.

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