Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the best stocks to buy for beginners now. On June 12, the University of Tokyo (UTokyo) and Taiwan Semiconductor Manufacturing/TSMC officially launched the ‘TSMC-UTokyo Lab,

Taiwan has added China’s tech titan Huawei and chip giant Semiconductor Manufacturing International Corporation (SMIC) to its export control list, stepping up efforts to align with Washington’s crackdown on companies driving Beijing’s artificial intelligence ambitions.

Taiwan Semiconductor Manufacturing faces further controls on its business with China but looks to be making progress on U.S. chip production.

June 16 (UPI) -- China's tech company Huawei and SMIC, a contract chip manufacturer, have been added to Taiwan's trade blacklist. Taiwan put both of these companies on its strategic high-tech commodities entry list. Huawei and SMIC will now need to get export permits from suppliers in Taiwan to receive manufactured goods.

TSMC shares surged over 3% as May revenue jumped 40% driven by strong AI chip demand. The company maintained its mid 20% growth guidance.

It looks like Huawei and SMIC will have a tougher time producing their chips as TSMC places them on its export restriction list.

On inflation, Taiwan's consumer price index (CPI) rose by a lower-than-forecast 1.55% in May, its lowest level in more than four years. The central bank, which considers 2% its "warning" line, has made easing inflation a priority.

Northwest Phoenix is seeing a surge of multicultural development clustering around the Taiwan Semiconductor Manufacturing Co. complex.

We recently published a list of Jim Cramer Wants US To Be “As Good As” Europe & Discusses These 12 Stocks. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against other stocks that Jim Cramer discusses.