According to CoinMeta, Taiwan's semiconductor manufacturing company ( TSM ) was highlighted as a new area of technological investment in its investor letter for the second quarter of 2026. As of July 31, 2026, the closing price of TSM was $404.25, with a return rate of -10.52% over the past month and a 69.14% increase over the past 52 weeks. The market value of TSM is $2.09 trillion. The letter pointed out that future growth will come from the global demand for computing power, particularly the chips required for training and running AI models.