Blackrock’s 30 Most Important AI Stocks

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7. 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. There are many reasons that make this company a promising investment opportunity. Firstly, as per the report of the fiscal year 2024, the net income of the company was $15.6 billion, a 57% increase year-over-year. Secondly, the company’s 2nm technology provides superior performance and energy efficiency, along with its 3DFabric, driving Socionext’s 3D IC innovations to offer scalable solutions for a variety of applications, including data centers. Moreover, the company is partnered with leading tech firms to enhance design productivity, using large language models (LLMs) for workflow, running assistant flow script and Register-Transfer-Level (RTL) design and debugging, as well as for knowledge assistant tool and usage flow inquiries. This approach helps significantly increase design productivity, speeding up the process from an idea to a successful design. Lastly, the company is advancing 3D integration technologies, like System-on-Integrated Chips (SoIC), to meet the demands of AI applications.

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