Jim Cramer Says Trump’s Tariff Strategy Is Working & Discusses These 11 Stocks

4. 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. Its shares have lost 12.8% year-to-date as investors scale back the AI hype. Wall Street is concerned whether the demand for NVIDIA’s AI chips will materialize, particularly due to worries about the economy created due to the Trump administration’s tariffs. Previously, Cramer has explained that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) will be NVIDIA’s preferred US manufacturing partner. This time around, he commented on the firm’s leading-edge 2-nanometer process technology:

“Stargate and Taiwan Semi are the two that matter the most. Taiwan Semi if they can build the two-nano, the small ones, not the large ones that go into cars. If Taiwan Semi works out, then that’s a a hedge against what we read about every day in the papers about what the Chinese government is doing.”