Taiwan Semiconductor Manufacturing Co. Stock News

Griffin's hedge fund, Citadel, has been steadily selling Microsoft for the last year while buying shares of Taiwan Semiconductor.

If you have a device with a microchip – whether it be a computer, a data center, a smartphone, or any other similar tool – it is more likely than not that a Taiwanese firm manufactured the critical component. Even more impressively, it is also more likely than not that it was made by the Taiwan Semiconductor Manufacturing Company (NYSE: TSM).

Semiconductors are a critical component enabling the artificial intelligence (AI) revolution, and this company holds the keys to the kingdom.

Arm and Taiwan Semiconductor are essential to the artificial intelligence boom, but Wall Street only sees upside in one stock.

Laffont's Coatue Management sent shares of Wall Street's two hottest artificial intelligence (AI) stocks packing in the June-ended quarter in favor of a company critical to the AI supply chain.

Taiwan chipmaker TSMC said on Thursday that it has activated routine typhoon alert preparation procedures at all its factories and construction sites, ahead of the arrival of Super Typhoon Kong-rey.

In the high tech universe, there is a a single common road that top flight companies like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Apple (NASDAQ: AAPL), Qualcomm ( NASDAQ: QCOM ) , Broadcom ( NASDAQ: AVGO ) , and many others must travel to get their chips made, no matter where they hail from.

Every company and your grandma is looking to gain some exposure to AI right now, it seems.