Tech companies design chips, but rely on TSMC to manufacture them. TSMC’s high-performance computing leads revenue, surpassing smartphones. AI infrastructure growth benefits TSMC, but its business isn’t AI-dependent. Semiconductors power tech, and TSMC excels in precision, scale, and yield, catering to top tech firms like Apple, Nvidia, and Tesla.

TSMC dominates semiconductor manufacturing with precision and scale. The barrier to catch up is massive, requiring billions and years. HPC, including AI chips, now drives TSMC’s sales. TSMC produces all advanced AI chips for data centers, positioning itself to benefit from the exploding AI infrastructure spending.

TSMC’s business benefits from AI growth, but isn’t solely reliant on it. The company remains a go-to for non-AI electronics. TSMC’s long-term prospects remain strong amid AI advancements and increasing infrastructure spending. Consider Stock Advisor’s top 10 list for promising stocks, excluding TSMC.

Read more at Yahoo Finance: Here’s Why I’m Loading Up on Taiwan Semiconductor Manufacturing Company and Never Selling