We recently compiled a list of 14 AI news stories to watch. In this article, we’ll take a look at how Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE:TSM) stacks up against other AI stocks to watch.
Much has been made of the US government’s recent efforts to boost chip exports to China. The concerted effort, just before President Donald Trump takes office, includes tightening licensing restrictions on U.S. semiconductor companies doing business with China, increasing oversight of companies that assemble hardware in China, and encouraging allies in Europe and Asia to follow suit. Contains content that calls for action. These efforts will only serve to further boost China’s semiconductor index, amid reports that the recent US order to stop supplying TSM chips to China will accelerate efforts to set up a cutting-edge chip manufacturing company in Beijing. , soared to an all-time high on November 11th. Asian country.
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Chinese securities firm Cinda Securities said in a note released on November 10 on China’s chip situation that supply chains will be forced to reorganize in the medium to long term, and demand for domestic advanced process production capacity will increase. , said that technology development would be promoted. Breakthroughs in upstream semiconductor devices and materials. Many Chinese companies rely on TSM chips, and 11% of TSM’s revenue is tied to China, and analysts say these companies will be hurt in the short term by the U.S. measures, but We expect the economy to become stronger in the long term as the domestic economy improves. Manufacture of chips.
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Close-up of a complex network of integrated circuits used in logic semiconductors.
Market capitalization: $851 billion
Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE:TSM) manufactures and sells integrated circuits and semiconductors. On November 11, investment advisory firm Needham released an investor note on the semiconductor market, noting that TSM is likely to be a major beneficiary of the rebranded CHIPS Act. The Trump administration, which originally drafted the law, could suspend it and reevaluate it. While predicting near-term volatility in TSM stock, Needham also highlighted that TSM was the first non-US semiconductor company brought to the US to set up a factory there during President Trump’s first term. did.
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