From Nasdaq:

Semiconductor stocks are making a comeback on Monday after a rocky start to the year. Shares of Taiwan Semiconductor, Intel, and Advanced Micro Devices all surged, thanks to President Joe Biden’s actions restricting China’s access to advanced chips for AI functions. Now, the U.S. government may focus on supporting domestic semiconductor production, potentially benefiting chipmakers like Taiwan Semiconductor. However, it’s uncertain if these companies will receive subsidies directly. Taiwan Semiconductor remains the safest bet due to its favorable valuation.

The Motley Fool Stock Advisor analyst team identified the 10 best stocks for investors to buy now, and Taiwan Semiconductor Manufacturing wasn’t one of them. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, Taiwan Semiconductor Manufacturing, and Texas Instruments. The author holds no position in any of the stocks mentioned.



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