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Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the Stocks that Billionaire Druckenmiller and Jim Cramer like.

On April, 22,2026, Cadence (CDNS) deepened its partnership with Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to expedite AI semiconductor development. Under the partnership agreement, Cadence provides comprehensive design infrastructure and certified flows for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s N3, N2, A16, and A14 nodes. These advancements streamline processes for high-performance computing in addition to reducing design cycles for complex chiplet and 3D-IC architectures.

In another development that day, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) presented its new A13 process at the 2026 North America Technology Symposium. Scheduled for production in 2029, the company says that the new process is a direct shrink of the A14 node. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) claims that the technology offers 6% area savings and enhanced power efficiency for AI and mobile applications. The A13 is fully backward compatible with A14 design rules and enables rapid migration to advanced nanosheet transistors.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) forms a significant 3.91% of Druckenmiller’s portfolio. In response to a caller inquiring about the stock’s growth, Cramer made the following statement in April 2026.

I like TSM very, very much. I think it’s terrific. I remember when it reported last week, the stock went down on a perfectly good quarter. I came in here, I said, listen, I like that quarter. I looked real bad for about 48 minutes, and that’s about it. Taiwan Semi is a very good situation.

Founded in 1987, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s leading dedicated semiconductor foundry. Based in Taiwan, the company carries on the business of manufacturing and selling integrated circuits and wafer semiconductor devices.

While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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