Jim Cramer on Taiwan Semi: “The More I Look at It, the More I Like It”

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. A caller asked if Cramer thinks there is potential for the stock to “skyrocket,” and he replied:

Well, my take is that it might not necessarily skyrocket… I think it’s going to go higher…. Whether I speak to Lip-Bu or I speak to anyone out there or you know Jensen, everyone’s says nothing but great things. And the more I look at it, the more I like it.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest semiconductor foundry, producing and selling integrated circuits and semiconductor devices. The company provides fabrication and other related services. A caller expressed a wish to add to their position in the stock during the May 6 episode, and Cramer responded:

They have more business than they can handle. What can I say? Even tonight, Arm Holdings said that they were going have this, all this business, but the problem is they can’t get all the chips they need from, yes, Taiwan Semi.

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