We recently released a list Billionaire chases Coleman's 10 stocks with huge upward potential. In this article, we will explore where the stock of Taiwan Semiconductor Manufacturing Corporation Co., Ltd. (NYSE:TSM) is located with other billionaire Chase Coleman with huge upside potential.
The stock market has achieved an unprecedented winning streak in the past two years behind the AI-powered run. Major U.S. indexes are rolling, soaring to record the highest points as investors invest quantitatively around opportunities for revolutionary technology. Chase Coleman is a hedge fund manager who has benefited greatly from investing in funds from his hedge funds in some of the best performing AI stocks.
Founded by Coleman in 2001 Tiger Global Management Co., Ltd. It is one of the best performing hedge funds to receive 24% in 2024. The impressive returns are in billionaire investors betting on some of the largest companies and gaining a lot of exposure to AI.
Fast forward, Coleman is one of the most important casualties in the broader stock market correction. As the S&P 500 index fell by about 6% and the Nasdaqs fell by about 8%, billionaire investors felt the entirety of the AI-powered run was the brunt of the run. With the overall stock market correction, a large number of Tiger Global Management stocks hold more than 10% of the market value.
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While up to 20% of the pullbacks may rattle, billionaire investor Coleman’s strategy focuses on long-term investment. Therefore, he was never disturbed by short-term market corrections. Coleman continues to maintain large amounts of assets in the technology giant amid the AI boom.
“Think about the companies that invest in these technologies, think about it,” he said, using Amazon as an example to promote shopping. "It will be gradual. Be patient."
We combed out the Tiger Group Management LLC Q4 2024 13F file to identify 10 shares of Chase Chase Coleman with huge upward potential. We focus on stocks that are shrinking greatly, so we have huge upward potential. We then analyze why stocks stand out as a stable value investment. Finally, we sorted the stocks in ascending order based on their upward potential.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
Close-up of complex integrated circuit networks used in logic semiconductors.
Tiger Global Management LLC shares value: $717.87 million
Upward potential as of April 30: 32.84%
Number of hedge fund holders: 186
Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE:TSM) is the world's largest semiconductor foundry. It specializes in making chips for other companies, including Apple. While the stock is still down 18% year to date, billionaires are chasing Coleman’s stock with huge upward potential in the AI revolution. Bernstein analysts reaffirmed their superiority rating for the stock with a price target of $251.
The rating was followed by Taiwan Semiconductor Manufacturing Corporation Limited (NYSE:TSM), which exceeded $286 billion in revenue in March on a consensus estimate of higher than guidance and above. Its first-quarter 2025 revenue grew 42% year-on-year to NT's $839 billion, confirming strong demand for the company's foundry services. The company's competitive advantage stems from its 3nm technology, which ensures that chip trajectories are spaced at least 3nm apart.
As the company plans to launch 2NM and 1.6NM chips, it will surely strengthen its competitive advantage and attract more deals driven by small and powerful chips. The fact that Taiwan Semiconductor Manufacturing Corporation Limited (NYSE:TSM) is not competing with its customers Nvidia, Apple and Broadcom affirms the industry's growth prospects. It also launched its next cutting-edge logic process technology, A14, as it attempts to drive AI conversion by providing faster computing and higher power efficiency.
Overall, TSM Ranked 9 There is huge upward potential on our stock list of billionaires chasing Coleman. Although we acknowledge the potential of TSM as an investment, our belief is that AI stocks have higher returns in a shorter time frame and offer greater hope in this. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for more promising AI stocks than TSM, but their earnings are trading at less than 5 times the price, check out our report The cheapest AI stock.
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Disclosure: None. This article was originally published in Internal monkey.