With artificial intelligence fueling upside, Taiwan Semiconductor (TSM) is still one of the hottest tech giants to buy and hold long-term. Wei added that "The AI megatrend continues to drive the need for more and more computation, which supports the robust demand for leading-edge silicon. Wei says the investment will help fund advanced packaging facilities and the production of 2-nanometer chips. Plus, TSMC will continue investing in Taiwan by building 13 advanced manufacturing and packaging facilities over the next several years. TSM Is a Key Player in the AI RevolutionThe biggest reason investors are excited about TSMC is its connection to the AI boom.