Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is highlighted by Jim Cramer due to its earnings and management commentary, signaling strong demand and increased investment in production capacity. The company expects 52 to $56 billion in capital expenditures this year, up significantly from last year’s expectations.

TSM produces and sells integrated circuits and semiconductor devices, offering fabrication and related services. While TSM shows investment potential, some AI stocks may present greater upside with lower downside risk. An undervalued AI stock could benefit from Trump-era tariffs and onshoring trends, as detailed in a free report.

For more investment insights, explore “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.” Disclosure: None. Original article published on Insider Monkey.

Read more at Yahoo Finance: Jim Cramer Breaks Down the Massive Increase in Capital Expenditures from Taiwan Semi