TSMC vs. Texas Instruments: A Semiconductor Landscape

This chapter explores the critical role of Taiwan Semiconductor Manufacturing Company (TSMC) in producing advanced chips for tech giants like NVIDIA and Apple, contrasting its success with Texas Instruments' challenges in the analog chip market. It examines the cyclical nature of the semiconductor industry, the impact of AI demand, and the political risks associated with investing in TSMC amid Taiwan-China tensions. The conversation underscores the strategies TSMC is employing to navigate these complexities, including expanding operations in the U.S. and Europe.