In this piece, we will take a look at the five largest semiconductor companies by market capitalization. For more companies, head on over to the 16 Largest Semiconductor Companies by Market Cap.
5. Broadcom Inc. (NASDAQ:AVGO)
Market Value as of December 4, 2022: $219 billion
Broadcom Inc. (NASDAQ:AVGO) is an American firm that provides networking products. These include modems and switches, which are used in smartphones, routers, data centers, and other applications.
Broadcom Inc. (NASDAQ:AVGO) is currently targeting a massive $61 billion buyout of VMWare, with the deal slated to provide it with a strong foothold in the software infrastructure segment of the data center market. This segment has strong recurring revenue, as companies are on call to provide firms with round the clock service for their large systems.
Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that 74 had held a stake in Broadcom Inc. (NASDAQ:AVGO) .
Broadcom Inc. (NASDAQ:AVGO)’s largest shareholder is Ken Fisher’s Fisher Asset Management which owns 1.5 million shares that are worth $672 million.
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4. ASML Holding N.V. (NASDAQ:ASML)
Market Value as of December 4, 2022: $244.6 billion
ASML Holding N.V. (NASDAQ:ASML) is a Dutch company that is responsible for manufacturing the machines that build semiconductors. The firm is based in Veldhoven, the Netherlands.
ASML Holding N.V. (NASDAQ:ASML) is currently readying its high-NA chip making machines. With NA standing for ‘numeric aperture’ these machines allow their lenses to focus a larger amount of light on the silicon wafer that enables higher resolution at small dimensions. Newer chipmaking technologies such as 2-nanometer suffer from defects since the near infinitesimal circuit size leads to lower quality, and high NA improves this by using more light.
51 of the 920 hedge funds part of Insider Monkey’s survey for this year’s third quarter had invested in ASML Holding N.V. (NASDAQ:ASML).
ASML Holding N.V. (NASDAQ:ASML)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 4.6 million shares that are worth $1.9 billion.
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3. Samsung Electronics Co. Ltd. (KRX:005930.KS)
Market Value as of December 4, 2022: $313 billion
Samsung Electronics Co. Ltd. (KRX:005930.KS) is one of the largest companies in the world that has its paws in different industries such as chip fabrication, consumer electronics, and biotechnology.
Samsung Electronics Co. Ltd. (KRX:005930.KS)’s chipmaking division is called Samsung Foundry, and it is one of the two companies in the world that manufactures chips for other firms with advanced technologies. Samsung Foundry and TSMC are currently pursuing the 3-nanometer chip fabrication node, and the Korean firm took the lead this year by announcing production first.
2. NVIDIA Corporation (NASDAQ:NVDA)
Market Value as of December 4, 2022: $420.6 billion
NVIDIA Corporation (NASDAQ:NVDA) is a leading chip designer and seller that has heralded an entirely new form of computing. This is done through graphics processing units (GPUs) which are crucial not only for gaming but also for artificial intelligence and machine learning.
NVIDIA Corporation (NASDAQ:NVDA) has had a rough 2022, as the combined effects of macroeconomic headwinds and the cryptocurrency market crash led to a drop in demand for its products and the market flooded with used GPUs. However, the company’s management expects the situation for its gaming GPUs to stabilize in the current quarter and return to sequential growth.
Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that 89 had bought NVIDIA Corporation (NASDAQ:NVDA)’s shares.
NVIDIA Corporation (NASDAQ:NVDA)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 12 million shares that are worth $1.4 billion.
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1. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Market Value as of December 4, 2022: $422.67 billion
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest contract chip manufacturer. The firm manufactures chips for other companies with its own machines. It is headquartered in Hsinchu, Taiwan.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is responsible for supplying all of the world’s leading technology companies with semiconductors. These include Apple, NVIDIA, AMD, and even Intel. The company is currently ramping up the production of its 3-nanometer technology and has plans for as far as 2025 when it aims to kick start 2-nanometer production.
As this year’s September quarter ended, 87 out of the 920 hedge funds polled by Insider Monkey had invested in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM).
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s largest investor is Warren Buffett’s Berkshire Hathaway which bought a huge $4.1 billion stake during this year’s third quarter via 60 million shares.
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Disclosure: None. You can also take a look at 15 Best Dividend Stocks For Passive Income and 15 Best Consistent Dividend Stocks to Buy.