The Top Artificial Intelligence (AI) Chipmaker Is Finally Starting to Make Money on This Game-Changing Technology
Behind the jaw-dropping technologies that Nvidia, Apple, Broadcom, and many others put out is Taiwan Semiconductor Manufacturing (NYSE: TSM). TSMC -- as it's commonly called -- is the world's largest chip foundry and only makes chips on a contract basis, which allows it to stay neutral as competitors battle it out in the smartphone, GPU, and automotive worlds.
While its chips have always been cutting-edge, TSMC's latest technology had yet to hit the markets until recently. Its 3 nanometer (nm) chips are finally starting to contribute to revenue, making this an exciting time for TSMC investors. So, what's the big deal with these chips? Read on to find out.
Taiwan Semiconductor's 3 nm chips represent the next iteration in chip technology. By increasing the density, Taiwan Semiconductor can pack more transistors onto a single chip, making them more powerful or energy efficient (depending on how the designer configures the chip).
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
With 24 Buy predictions and not a single Sell prediction Taiwan Semiconductor Manufacturing Co. Ltd. ADR is an absolute favorite of our community.
As a result the target price of 163 € shows a slightly positive potential of 15.6% compared to the current price of 141.0 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
