Nvidia and TSMC have both made headlines in recent weeks — albeit for different reasons. So which of Wall Street's favorite chip stocks is the safer bet?
It has been quite a start to the year for both Nvidia and Taiwan Semiconductor Manufacturing Company . Both stocks have rallied in 2023, with shares of Nvidia soaring nearly 50% so far this year — an outperformance that's impressive even amid a broader market rally.
. Meanwhile, investor interest in Nvidia has surged as it becomes seen as a way to play the growing hype around artificial intelligence. Despite the Berkshire sale, analysts still love , meanwhile, is sometimes seen as a barometer of the strength of the U.S. consumer, with Apple among its biggest customers. But Gleeson said
is still one of the most popular stocks held by global funds, according to Bank of America . Of the 610 funds analyzed by the bank, 363 had overweight positions in
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