
Semiconductor technology is at the core of artificial intelligence (AI). As AI continues to evolve, the semiconductor industry will continue to play an important role in molding its future.
Qualcomm (QCOM) and Taiwan Semiconductor Manufacturing Company (TSMC) (TSM) are two giants in the semiconductor industry, each dominating a different segment of the supply chain. Qualcomm specializes in designing chips for wireless communications, mobile devices, and Internet of Things (IoT) applications. Meanwhile, TSMC is the world's largest pure-play semiconductor foundry, producing chips for tech heavyweights like Apple (AAPL), Nvidia (NVDA), and Advanced Micro Devices (AMD). Let's find out which chip stock is the best to buy right now.