Better Artificial Intelligence Stock: ASML vs. Taiwan Semiconductor

Artificial intelligence (AI) has been a boon to the semiconductor industry. The need for faster, more powerful chips to fuel AI enabled the industry's sales to hit $627 billion in 2024, a 19% year-over-year increase.Two companies critical to the production of semiconductor chips are ASML (ASML -0.18%) and Taiwan Semiconductor Manufacturing (TSM -0.50%), popularly known as TSMC. The former produces lithography equipment used in making microchips for AI. TSMC is one of its customers and a key chip manufacture ...