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MarketBeat
MarketBeat
Gabriel Osorio-Mazilli

Taiwan Semiconductor Could Boom on This AI Action Plan

The world of technology stocks has become somewhat of the Wild West in the stock market, with new artificial intelligence companies constantly emerging in this ongoing race for dominance and adoption. Meanwhile, larger, more established players are taking over the supply and market share of the world’s leading chipmaking and semiconductor technologies.

Of course, there is one broader agenda at play in this proverbial “gold rush,” and that is that the United States is now in direct competition with China in this new artificial intelligence race. That is why President Trump has recently introduced America’s AI Action Plan, a bill that has just introduced a massive tailwind for all names involved in this value chain.

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