This Artificial Intelligence (AI) Chip Giant Is a Profit-Making Machine. Its Latest Move Could Supercharge the Stock

2026-07-03 11:05:00 ET

Taiwan Semiconductor Manufacturing (NYSE: TSM) is one of the most important semiconductor companies in the world, as it manufactures chips for almost all the leading companies that design chips for data centers, gaming consoles, smartphones, personal computers (PCs), cars, and factories, among other things.

It controls nearly three-fourths of the global foundry market, according to Counterpoint Research. Its nearest competitor has a market share of just 7%. Not surprisingly, TSMC exercises phenomenal pricing power in the foundry market, and that's the reason why this semiconductor stock is poised to skyrocket following the latest move it may make.

Image source: TSMC.

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