5 Most Profitable Tech Stocks in 2023

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In this piece, we will take a look at the five most profitable technology stocks in 2023. If you want to learn more about recent technology company earnings, then head on over to 15 Most Profitable Tech Stocks in 2023.

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

Latest TTM Net Income: $31.4 billion (1NT$ = 0.031USD)

The Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest contract chip manufacturing firm. It’s facing a bit of a tough time as of late since a slowdown in the chip sector has come right at the time when TSMC is expanding its local and global production base.

As of June 2023 end, 121 out of the 910 hedge funds surveyed by Insider Monkey had invested in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Out of these, the firm’s largest investor is Ken Fisher’s Fisher Asset Management since it owns $2.9 billion worth of shares.

Follow Taiwan Semiconductor Mfg Co Ltd (NYSE:TSM)

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