Ken Fisher Stock Portfolio: Top 10 Stock Picks

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

Stake Value as of Q4 2024: $5,599,226,818

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a semiconductor design and manufacturing foundry based in Taiwan. According to a CNN report, the company produces around 90% of the world’s super-advanced semiconductor chips used to power electronic devices such as smartphones, servers, and laptops. These chips are also used to run most artificial intelligence applications.

Last week, the company announced that it intends to expand investment in the United States by an additional $100 billion, building on the ongoing $65 billion investments in its manufacturing operations in Phoenix, Arizona. The plan includes three new fabrication plants, two advanced packaging facilities, and an R&D team center.

On March 10, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) declared its revenue report for February 2025. Revenue for the month totalled NT$260.01 billion, up 43.1% year-over-year. Revenue for the first two months of 2025 stood at approximately NT$553.30 billion, representing a 39.2% increase compared to the corresponding period last year.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is continuing to see robust demand for chips used in AI applications. Wall Street analysts are bullish on the stock, with a consensus Strong Buy rating and an average share price upside potential of 35%.

According to Insider Monkey’s database for Q4 2024, 186 hedge funds held a stake in the company, up from 158 at the end of the third quarter. It is among the top picks from the Ken Fisher stock portfolio.