Taiwan Semiconductor Manufacturing (TSM) Plans to Market a System Built to Manage and Leverage Trade Secrets, Reports Reuters

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 10 Best Semiconductor Stocks to Buy Right Now. On August 28, Reuters, while quoting the company’s associate general counsel, reported that the company plans to market a system, which has been built to manage as well as leverage its trade secrets to companies in Europe and the US. The trade secrets registry system, which Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) started building in 2013, has been adopted by 20 local firms, which include ASE Technology Holding Co, reported Reuters, while quoting Fortune Hsieh (who is also the Chairman of Taiwan Association for Trade Secrets Protection).

Taiwan Semiconductor Manufacturing (TSM) Plans to Market a System Built to Manage and Leverage Trade Secrets, Reports Reuters

In Q2 2025, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s revenue rose 11.3% quarter-over-quarter thanks to the robust demand for its industry-leading 3nm and 5nm technologies, partially mitigated by an unfavorable foreign exchange rate. Notably, 3nm process technology accounted for 24% of total wafer revenue in Q2 2025, with 5nm and 7nm accounting for 36% and 14%, respectively. The capex for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on a consolidated basis came in at US$9.63 billion.

First Eagle Investments, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:

“Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest semiconductor foundry, a primary manufacturer of advanced chips used in genera tive artificial intelligence with Nvidia, Broadcom, Intel, Advanced Micro Devices and Apple among its clients. TSMC reported continued strong sales during the quarter, with an expanded contribution from AI. We believe TSMC has extended its edge over competitors to become the de facto foundry for many customers. The company has made significant efforts in recent years to geographically diversify its manufacturing base, including in the US.”

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 this cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

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