TSM

Billionaire Dan Loeb has invested 23% of his portfolio in three AI stocks: Amazon, Microsoft, and Taiwan Semiconductor Manufacturing Company (TSMC). The article discusses the growth potential and competitive advantages of these companies in the AI space.

Shares of Broadcom, Taiwan Semiconductor Manufacturing, and Arm Holdings fell on Monday due to weaker-than-expected initial orders for the iPhone 16. The analyst cited factors like the delayed release of Apple's AI platform and a weak Chinese economy as potential reasons for the tepid preorders.

Intel has reportedly secured a $3.5 billion grant from the Pentagon for advanced chip fabrication, but has lost out on significant deals in the gaming space, including the design and fabrication contracts for Sony's upcoming PlayStation 6 console.

TSMC, a fast-growing semiconductor company, is seen as a potential outperformer compared to Nvidia due to its attractive valuation, healthy growth, and expanding addressable market. While Nvidia has seen impressive gains, its high valuation could limit further upside, making TSMC a solid alternative...

The article discusses three AI stocks that the author is planning to buy if the September sell-off continues: Alphabet, Salesforce, and Taiwan Semiconductor Manufacturing. The author believes these stocks present great long-term opportunities for patient investors.