Jim Cramer on Taiwan Semiconductor: “Just See What They Report at This Point”

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the stocks Jim Cramer weighed in on. A caller inquired after Cramer’s opinion of the company, and he stated:

“Okay, they report this week, so you got the gun to my head on that one. I just, I would rather just see what they report at this point. You know, I like NVIDIA very, very much, that’s the pure play. NVIDIA should have been up much, much more today, and I was talking to, you know, Ben Reitzes, and I go back and forth at Melius, I think the stock easily should have been up 25, and I reiterate that that’s the one you want.”

A close-up of a complex network of integrated circuits used in logic semiconductors.

Taiwan Semiconductor (NYSE:TSM) produces and sells a wide range of semiconductor devices and integrated circuits using advanced wafer fabrication processes. The company’s technologies support applications in high-performance computing, smartphones, automotive systems, IoT, and consumer electronics. In an April episode, Cramer called it “one of the greatest manufacturers in the world.” He remarked:

“Taiwan Semiconductor is so low. I have to tell you… Look, I have tremendous conviction that it’s very difficult to politically… say that we will protect Taiwan Semi. I will say this, that is one of the greatest manufacturers in the world, and anybody who thinks that Taiwan Semi should be this low, this cheap is just not a believer in AI, and I am a believer in AI. There we go.”

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Disclosure: None. This article is originally published at Insider Monkey.