TSMC: AI's Most Powerful Gatekeeper

Group 1 - The market is recognizing that artificial intelligence spending is structural rather than cyclical, which is a significant shift in perception [1] - Taiwan Semiconductor (NYSE: TSM) is currently priced at a mid-20s earnings multiple despite its strong conversion capabilities in the AI sector [1] - The article highlights the author's expertise in AI and machine learning, indicating a deep understanding of the industry dynamics [1] Group 2 - The author has a beneficial long position in TSM shares, suggesting confidence in the company's future performance [1]