TSMC's Dominant Position in AI Chip Fabrication Makes it a Must-Own Stock

Taiwan Semiconductor (TSM) is a must-own stock for the next decade due to its leadership in the fabless chip design industry. As the majority of high-powered computing chips for the AI race are produced by TSMC, the company will benefit regardless of which company delivers the best computing hardware. TSMC is launching an exciting new technology, its 2 nanometer process node, which will consume 25% to 30% less power than the prior 3nm generation.