The Chip Off the Old Block: TSM's Rise in the Age of AI Taiwan Semiconductor Manufacturing Company Limited (TSM), the world's leading contract chip manufacturer, has seen significant gains in the second quarter of 2026.
According to L1 Capital International Fund, a recent investor letter highlights TSM's impressive performance amidst a market that favors companies with strong ties to artificial intelligence (AI) capabilities.
The concept of a "two speed" global economy, as described by L1 Capital, underscores the stark contrast between booming sectors and those struggling to keep pace.