Coatue’s 35 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. The report for the fourth quarter of 2024 makes this company a strong investment avenue. For instance, the company reported net revenue of approximately $26,884 million and gross profit of $15,861 million, resulting in a gross margin of 59%. The significant revenue and gross profit figures suggest continued growth, likely driven by increasing demand for advanced chips. The company continues to invest in R&D as it intensifies its focus on new specialty technologies such as RF and 3D intelligent sensors for 5G and smart IoT applications. TSMC research also aims to develop novel materials, processes, devices and memories that may be adopted in the distant future, ten years and beyond.

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