1. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Number of Hedge Fund Holders: 224
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is among the stocks that Billionaire Druckenmiller and Jim Cramer like.
On April, 22,2026, Cadence (CDNS) deepened its partnership with Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to expedite AI semiconductor development. Under the partnership agreement, Cadence provides comprehensive design infrastructure and certified flows for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s N3, N2, A16, and A14 nodes. These advancements streamline processes for high-performance computing in addition to reducing design cycles for complex chiplet and 3D-IC architectures.
In another development that day, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) presented its new A13 process at the 2026 North America Technology Symposium. Scheduled for production in 2029, the company says that the new process is a direct shrink of the A14 node. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) claims that the technology offers 6% area savings and enhanced power efficiency for AI and mobile applications. The A13 is fully backward compatible with A14 design rules and enables rapid migration to advanced nanosheet transistors.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) forms a significant 3.91% of Druckenmiller’s portfolio. In response to a caller inquiring about the stock’s growth, Cramer made the following statement in April 2026.
I like TSM very, very much. I think it’s terrific. I remember when it reported last week, the stock went down on a perfectly good quarter. I came in here, I said, listen, I like that quarter. I looked real bad for about 48 minutes, and that’s about it. Taiwan Semi is a very good situation.
Founded in 1987, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s leading dedicated semiconductor foundry. Based in Taiwan, the company carries on the business of manufacturing and selling integrated circuits and wafer semiconductor devices.
While we acknowledge the potential of TSM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSM and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 10 New Contenders for S&P 500 Index and Harvard University Stock Portfolio: Top 10 Stock Picks
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.
