Talk of an artificial intelligence (AI) bubble has been on the rise among mainstream media and some executive commentaries. That’s a normal reaction to the bullish—parabolic even—price action in the technology sector, especially in the names involved with chip and semiconductor production. Yet amid the hype, there is one name that stands out as a disciplined and strategic way to play the trend.
After reporting better-than-expected quarterly earnings on Oct. 16, Taiwan Semiconductor Manufacturing (NYSE: TSM) stock began the trading day with a 0.5% rally.
