Better Artificial Intelligence (AI) Stock: Nvidia vs. TSMC
NVDANvidia(NVDA) The Motley Fool·2024-09-06 16:52

The tremendous growth of the AI chip market has been a big tailwind for both companies.Semiconductor giants Nvidia (NVDA 0.94%) and Taiwan Semiconductor Manufacturing (TSM 1.76%) have delivered stellar gains so far in 2024 as both companies benefit from the growing demand for artificial intelligence (AI) chips that both companies specialize in.Nvidia's stock is up 115% this year, while TSMC's gains are just under 55%. The interesting thing to note here is that Nvidia is a fabless semiconductor company, whic ...