Maham Fatima

Sat, June 27, 2026 at 12:15 PM EDT 2 min read

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the best future stocks to buy and hold for 10 years. On June 16, TSMC and Amkor Technology entered into a 10-year partnership to expand advanced semiconductor packaging and testing capabilities in Arizona. By aligning their operations, the companies aim to strengthen the US semiconductor supply chain and meet the rising demand for HPC and AI solutions.

This collaboration uses the companies' combined manufacturing strengths, with Amkor providing advanced packaging services for chips produced at TSMC's Arizona facilities. The integrated model is designed to increase regional capacity and significantly reduce time-to-market for end customers requiring sophisticated system-level integration.

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.

The agreement reinforces both companies' commitments to long-term investment in Arizona's high-tech sector. By creating a more resilient ecosystem that spans from silicon fabrication to final testing, the partnership aims to provide customers with a comprehensive, domestically based manufacturing path for advanced electronic devices.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a Taiwanese multinational semiconductor contract manufacturing and design company that manufactures, packages, and tests integrated circuits for various industries.

While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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