Taiwan Semiconductor (TSM) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio - Yahoo Finance

Taiwan Semiconductor Manufacturing Company (TSMC), as the world's leading chip foundry, has emerged as a top AI stock in billionaire Ken Fisher’s portfolio, reflecting its central role in the AI-drive... Read original →

TSMC’s (Taiwan, China) volume production of 2nm GAA transistors is triggering a design paradigm shift across the AI stack: NVIDIA and AMD will accelerate abandonment of legacy FinFETs in favor of chiplet architectures tightly integrated with CoWoS packaging to harness the node’s 25–30% power savings. Geopolitical compliance costs are already being passed on—while U.S. CHIPS Act subsidies offset some capex, yield delays at its Arizona fab force clients to accept premium wafer pricing. Samsung and Intel lack the EUV layer depth and yield maturity to close the gap soon, pushing them toward niche plays like HBM stacking or silicon photonics. Over the next 18 months, TSMC’s ramp to 100k 2nm wafers/month will cement its control over the physical limits of AI training chips, compelling EDA and materials suppliers to upgrade in lockstep. Its 24.63x forward P/E reflects rational pricing of technological rent, not speculation.