Billionaires are quietly crowding into a different artificial intelligence (AI) winner, and it’s not Nvidia (NVDA). The latest round of 13F filings revealed that legendary billionaire investors like David Tepper, Stanley Druckenmiller, and George Soros have all been quietly increasing their stakes in Taiwan Semiconductor Manufacturing (TSM).
While Nvidia has dominated the AI conversation, with eye-popping returns and constant headlines, it’s actually TSM that plays the indispensable role behind the scenes. TSM manufactures the world’s most advanced chips that power Nvidia’s GPUs, Apple’s (AAPL) iPhones, and the servers fueling AI adoption.
