Investors can look to Taiwan Semiconductor Manufacturing for a steady way to play the artificial intelligence rally, according to F.L.Putnam Investment Management chief market strategist and portfolio manager Ellen Hazen. Hazen appeared on CNBC's " Power Lunch " on Tuesday and shared her thoughts about the best way to navigate the AI trade, which has hit some speedbumps in recent months amid concerns about elevated valuations, risky financing methods and the return on hyperscalers' massive investments. The investor said that "there is almost certainly going to be a bubble" given the amount of spending going into the new technology needed for AI, but she believes that it will not be comparable to the scale of historical tech bubbles, such as the dot-com bubble of the late 1990s and the rail

See Full Page