Understanding what makes Taiwan Semiconductor tick helps explain why this company is dominating AI processor manufacturing.

Taiwan Semiconductor Manufacturing Company ( TSM 1.50% ) , also known as TSMC, is one of the premier manufacturers of advanced processors, many of which are used for artificial intelligence . The company's strong position in this space and its growth over the past few years have resulted in its stock price soaring nearly 200% over the past three years.

Recent research from The Motley Fool sheds some light on how TSMC's manufacturing technology is a step ahead, how it makes the majority of its revenue, and where most of its customers are located. Importantly, all of these factors work together to set TSMC apart from the competition and make its stock a sma

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