Semiconductor Stocks
TSMC: The Common Denominator to AI Stocks
TSMC is a leading foundry that manufactures the world’s most advanced chips. Most importantly, the company has over 90% market share in the manufacturing of advanced AI chips. The most advanced node in production today is the 3-nanometer process technology, which is primarily used by Apple for iPhones and MacBooks. Nvidia is also expected to use the 3nm for the new Blackwell architecture. The 5-nanometer process technology is popular for HPC and smartphone applications and will be moving to 3-nanometer and 2-nanometer process technology. One of TSMC’s niches for success is its unique business model as a pure-play foundry. This approach, which focuses on manufacturing for its customers rather than designing or manufacturing semiconductor products under its own name, has been a significant factor in its growth. TSMC's customer base includes leading companies like Apple, Nvidia, AMD, Qualcomm, Marvell, and Intel.
Sign in to read the full article
Sign in with your I/O Fund account to check your plan access.
