1 Reason Wall Street Is Obsessed With Taiwan Semiconductor Manufacturing

The semiconductor giant is well positioned for continued dominance in the AI chip space. TSMC's AI chip dominance has begun reflecting in its financials, too. In the second quarter, TSMC reported a record $30 billion in revenue (up 44% year over year), with high-power computing (which includes AI chips) accounting for 60% of it. There's no doubt that AI adoption is rapidly growing. With TSMC's chips being the foundation that will make this adoption possible, the company is well positioned to continue its im ...