From Nasdaq, Inc.:



The article discusses the increasing demand for artificial intelligence and the challenges that come with developing AI models as they become increasingly expensive and energy-intensive. It highlights the need for more efficient chips to support AI development and explains how Taiwan Semiconductor Manufacturing (TSMC) is expected to be a major player in this next generation of chips. TSMC is expected to bring a 2-nanometer process to the market, which will offer increased performance and decreased power consumption. TSMC has advantages over its competitors due to its sole focus on chip manufacturing, its scale advantage, and its existing relationships with major companies like Apple and Nvidia. The article also points out that TSMC’s stock is trading at a relatively low valuation, making it an attractive investment opportunity, especially given its importance in the future of AI development.

In summary, the article discusses the challenges of developing AI models, the need for more efficient chips, and why TSMC is well-positioned to support the next generation of AI chips, making it a potentially attractive investment opportunity.



Original: Here’s the Company Pushing Toward the Next Big Advancement in Artificial Intelligence. And Its Stock Is Dirt Cheap.