We recently published a list of 15 trending AI stocks with latest news and ratings. In this article, we’ll take a look at where Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE:TSM) stands compared to other trending AI stocks based on the latest news and ratings.
When BlackRock, an investment giant with more than $10 trillion in assets under management, invests in something, the financial world pays close attention. That’s why AI business analytics company Pyramid Analytics is making waves. The startup recently raised more than $50 million in funding from an investment management firm, Reuters reported. Pyramid Analytics operates an AI-powered platform that combines machine learning and AI to simplify processes and data analysis for our clients. The startup’s notable customers include Hallmark, Deloitte, and Volkswagen, as well as the U.S. Food and Drug Administration.
Visit Goldman Sachs’ 10 Best AI Data Center Stocks and 10 Hottest AI Stocks to read more about these developments.
Meanwhile, the European AI market was abuzz with France-based GenAI startup LightOn’s blockbuster debut at the Euronext Growth market in Paris. The company’s stock price soared nearly 10% during its initial public offering. The startup builds language models at scale for businesses and institutions. The IPO valued it at approximately $65 million. AI startups are receiving soaring valuations upon their market debut. It has also raised hundreds of millions of dollars in funding rounds led by venture capital firms as the AI boom sweeps markets around the world.
Related article: Beyond the tech giants: 35 opportunities for non-tech AI.
In this article, we selected AI stocks by examining news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in stocks that hedge funds invest in? The reason is simple. Our research shows that by mimicking the top stock picks of the best hedge funds, you can outperform the market. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, outperforming the benchmark by 150 percentage points (Learn more ).
Close-up of a complex network of integrated circuits used in logic semiconductors.
Number of hedge fund holders: 158
Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE:TSM) manufactures and sells integrated circuits and semiconductors. On November 26, Taiwanese media reported that TSM announced that its US subsidiary, which it operates in Arizona, would begin expanding its apprenticeship program to include more aspects of the manufacturing process. According to the report, TSMC Arizona will begin recruiting specialist trainees for equipment engineers, process engineers, and manufacturing engineers in conjunction with this expansion.
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