35 Trending AI Stocks on Latest News and Analyst Ratings

Page 29 of 35

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 firm recently announced that it had partnered with software firm Ansys and tech giant Microsoft to significantly accelerate the simulation of silicon photonic components, achieving over a 10x speed improvement. This was accomplished by using Ansys’ Lumerical FDTD 3D software on Microsoft Azure’s AI infrastructure, powered by NVIDIA’s accelerated computing. The collaboration aims to drive advancements in Silicon Photonic Integrated Circuit technology, crucial for data communication, biomedical tools, AI, and automotive LiDAR systems. The scalability of Azure cloud enhances Ansys’ platform, facilitating faster and more efficient photonic simulations.

Page 29 of 35