You Can't Afford Not to Know More About This Unseen AI Stock Giant
TSMCTSMC(US:TSM) Yahoo Finance·2026-02-23 17:28

Group 1 - Artificial intelligence (AI) is a global phenomenon, yet many U.S. investors focus primarily on domestic companies, which is understandable given the presence of major tech firms in the U.S. [1] - Smart investors should consider global opportunities, as some of the best investment prospects are found overseas, particularly in companies like Taiwan Semiconductor Manufacturing (TSMC), which plays a crucial role in AI growth [2] - TSMC's history dates back to the 1980s, but its roots trace back to Morris Chang, a key figure in semiconductor development since the 1950s [3][4] Group 2 - Morris Chang's career began at Texas Instruments in 1958, where he became a leading executive in semiconductor operations before leaving to address Taiwan's semiconductor industry challenges [3][4] - In the 1970s and 1980s, Taiwan faced economic and geopolitical pressures, prompting the government to identify semiconductor manufacturing as a key industry for sustainable development [4] - TSMC was established in 1987 with significant capital from Taiwan's sovereign wealth fund (48% stake) and technology support from Philips, which held a 28% stake [5]