President Donald Trump’s aggressive push to make Intel Corp. (NASDAQ:INTC) the champion of American chipmaking has sent the company’s stock soaring, but the resulting “security-first” era isn’t a warning sign for Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM).
Despite production deals with Apple Inc. (NASDAQ:AAPL) and a $43 billion government stake in Intel, analysts argue this is a shift toward a dual-sourcing supply chain—meaning TSM retains its crown as the “indispensable backbone” of global AI, and remains a crucial buy for investors.
Why TSM Remains the ‘Indispensable Backbone‘
Technology strategist Luke Lango, publisher of Innovation Investor, has skin in the game on both sides of this geopolitical divide.
In his portfolio, Lango currently holds a massive 357.20% gain on TSM, having originally bought the stock at $96.42 on Nov. 13, 2023. Simultaneously, he has secured a 162.04% profit on his INTC position, purchased at $50.24 on Feb. 9, 2026, with the stock closing at $131.65 on Wednesday.
