
The semiconductor industry has gotten a significant boost since the artificial intelligence (AI) era began. AI is heavily reliant on high-powered semiconductor chips, which provide the computational power required to process massive amounts of data and perform complex calculations involved in AI.
While Nvidia (NVDA) is a renowned name in the semiconductor industry, Taiwan Semiconductor Manufacturing Company (TSM), commonly known as TSMC, is a critical player in the global technology supply chain. It is known for producing chips for leading tech companies like Apple (AAPL), Nvidia, Advanced Micro Devices (AMD), and Qualcomm (QCOM).