Taiwan Semiconductor Manufacturing (NYSE: TSM) may not be in the spotlight for AI, but its role in manufacturing chips is crucial for the AI boom. TSMC’s expertise and efficiency make it a key player in the semiconductor supply chain, attracting praise from Nvidia’s CEO.

As the leading foundry globally, TSMC’s ability to shrink node sizes and deliver strong yields sets it apart from competitors like Intel and Samsung. With strong pricing power and impressive gross margins, TSMC is well-positioned for growth in AI chips, autonomous vehicles, and other advanced technologies.

Investing in Taiwan Semiconductor Manufacturing offers potential for significant returns, with AI chips expected to be a major growth driver. TSMC’s revenue growth, low forward P/E ratio, and position in key technology markets make it a compelling investment opportunity for the future. Consider the Motley Fool’s top 10 stock picks for potential monster returns.

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