# Taiwan Semiconductor Manufacturing (TSM): The Best Under-The-Radar AI Stock in Billionaire Ken Fisher’s Portfolio?
In the rapidly evolving landscape of artificial intelligence (AI) and technology, a noteworthy player has emerged from the shadows of the stock market: Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM). Recently highlighted by billionaire investor Ken Fisher in his latest portfolio review, TSMC has been recognized as a compelling investment opportunity in the AI sector. As the sixth-best AI stock in Fisher's portfolio, TSMC boasts a significant position with a stake valued at approximately $5.51 billion. But what makes this semiconductor titan a standout choice amid a flurry of tech stocks?
The Semiconductor Giant's Dominance
Taiwan Semiconductor Manufacturing Company, commonly referred to as TSMC, has solidified its status as a leader in advanced semiconductor manufacturing. With roughly 70% of the global market share in the foundry services sector, TSMC is pivotal in supplying chips for various applications, including smartphones, high-performance computing, and, most notably, AI. This commanding position allows TSMC to benefit from the increasing demand for advanced chips, which are integral to powering AI technologies and applications that are reshaping industries.
The company's moat is further reinforced by its significant investments in research and development. TSMC is at the forefront of developing cutting-edge processes, such as 3nm and 5nm technology, which are critical for producing the next generation of high-performance semiconductors. These innovations not only enhance TSMC's competitive edge but also ensure that it remains the go-to supplier for tech giants like Apple, Nvidia, and AMD, who are all heavily investing in AI-driven solutions.