TSMC

TSM

Market cap $2.32T

Dow Jones AI giant Caterpillar and Nvidia chipmaker TSMC are in or near buy zones as the stock market rally continues.

Portfolio manager Jonathan Cofsky talks about where to find the winners in the AI landscape and one company that is beating all comers.

When Google builds custom AI chips to reduce Nvidia dependence, it creates a new TSMC order. So, TSMC captures both sides of the AI architecture competition. Three competing chip CEOs - Nvidia's Jensen Huang, AMD's Lisa Su, and Intel's Lip-Bu Tan - flew to Taiwan separately in late May. TSMC hit a new high at the same time. Management raised in Q1 the long-term gross margin floor to 56% while disclosing what I believe to be the company's biggest dilution schedule.

Investors typically don't celebrate when a key supplier raises prices. But Nvidia Corp (NASDAQ:NVDA) shareholders may have a reason to view the latest report out of Taiwan differently.

Nvidia Corporation (NASDAQ:NVDA) just made its boldest move in consumer hardware in over a decade. At Computex 2026 in Taipei on June 1, CEO Jensen Huang unveiled the RTX Spark Superchip, a new system-on-chip built to power Windows laptops and desktops.

The AI infrastructure boom is far from over, and watching the ripple effects through companies like Fluence, CoreWeave, and TSMC is where the next leg of alpha will be found.

As the world's insatiable appetite for artificial intelligence (AI) continues to drive a global memory chip shortage, a handful of companies are experiencing outsized gains so pronounced that they have prompted some investors' concerns about a looming AI bubble to resurface.

The smartest technology analyst you've probably never heard of just published a presentation that reframes the entire AI investment thesis — and if you're still thinking about this as a software story, you're already behind.

CNBC's Dominic Chu confirmed this morning that Nvidia's new PC chip lands in Dell and Lenovo laptops and desktops starting fall 2026, runs on Microsoft Windows, and targets thin-and-light form factors capable of running large AI models and higher-end games.

Paul You of First Securities Investment Corporation said Taiwan's stock market could climb to 50,000 as the global AI boom continues to drive strong earnings growth across the island's semiconductor supply chain. You noted that Taiwan's ecosystem positions the market at the center of AI infrastructure demand, and that the rally could have a lot more room to run.