5 Best Semiconductor Stocks To Invest In for the AI Boom

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

Number of Hedge Fund Investors In Q4 2023: 105

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the most important artificial intelligence chip stocks since it is the world’s largest contract chip manufacturer. Its importance to the sector was clear during the firm’s fourth quarter earnings call which saw management share that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is leading when it comes to capturing global AI demand.

For their fourth quarter of 2023 shareholdings, 105 out of the 933 hedge funds covered by Insider Monkey’s research were Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s investors. Ken Fisher’s Fisher Asset Management was the biggest shareholder, owning 31 million shares that are worth $3.2 billion.

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