Jim Cramer Reveals Stocks Benefiting From Tariff Selloff & Discusses These 8 Stocks

5. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Holders In Q4 2024: 186

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest contract chip manufacturer. It enjoys a wide moat in its industry primarily due to leading-edge manufacturing technologies and a sizable customer base. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s shares fell by 13.8% on Thursday and Friday as investors wondered whether the second and third-order effects of tariffs raising consumer electronics prices would impact the firm. Cramer commented on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s US manufacturing plans and partnership with NVIDIA:

“I mean one of the reasons why NVIDIA got the exemption is they’re part of the Taiwan Semi build. Which is the biggest build in the world. And it’s here. And so they got, they kind of, the President’s saying hey listen, do it, do what NVIDIA did. And we’ll give you an exemption. But commit right now. And NVIDIA did it.”