Billionaire Chase Coleman Just Bought a Stock Whose Artificial Intelligence (AI) Revenue Is Projected to Triple This Year

Full Article
Billionaire Chase Coleman Just Bought a Stock Whose Artificial Intelligence (AI) Revenue Is Projected to Triple This Year

Chase Coleman, through Tiger Global Management, has significantly increased its investment in Taiwan Semiconductor Manufacturing Company (TSMC), reflecting confidence in the company's growth potential. TSMC is projected to see its AI-related revenue triple this year, indicating a strong demand for its advanced semiconductor technology. This move highlights the importance of monitoring billionaire investors for insights into promising investment opportunities.

TSMC stands out as the largest semiconductor manufacturer globally, serving major tech companies like Apple and Nvidia. The company's innovative chip technology, including its upcoming 2nm chips, is expected to drive substantial revenue growth, reinforcing its position in the AI market. With a reasonable valuation compared to the broader market, TSMC presents an attractive investment opportunity for those looking to capitalize on the AI boom.

• TSMC's AI-related revenue is expected to triple this year.

• New 2nm chips will enhance efficiency and drive future growth.

Key AI Terms Mentioned in this Article

Artificial Intelligence (AI)

AI refers to the simulation of human intelligence in machines, which TSMC is leveraging for chip production.

Semiconductor

Semiconductors are materials that conduct electricity under certain conditions, essential for AI applications in technology.

Chip Manufacturing

Chip manufacturing involves creating semiconductor devices, a process where TSMC excels, especially for AI-related products.

Companies Mentioned in this Article

Taiwan Semiconductor Manufacturing Company

TSMC is the world's largest semiconductor manufacturer, crucial for producing chips used in AI technologies.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 7month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 7month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 7month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 7month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics