Jim Cramer Says Taiwan Semiconductor Manufacturing Company (TSM) Is A “National Treasure”

Company Overview - Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) is a leading player in the semiconductor fabrication industry, recognized for its ability to manufacture advanced chips using 2-nanometer technology consistently and with high yields for external customers [2] - The company has established strong relationships with major technology firms such as Apple, NVIDIA, and AMD, which enhances its market position and credibility [2] Financial Insights - Jim Cramer highlighted that TSM's balance sheet is stronger than that of the US government, indicating robust financial health and independence from government assistance [3] - Following Oracle's latest quarterly earnings report, Cramer expressed that TSM shares should have experienced a significant increase, reflecting positive market sentiment towards the company [2] Investment Perspective - While TSM is recognized for its potential as an investment, there is a belief that certain AI stocks may offer higher returns with limited downside risk, suggesting a competitive investment landscape [3]