January 11, 2024 - While the world is transitioning away from carbon due to an increasing focus on cutting down greenhouse gas emissions, the ongoing research in the industry to reassess carbon can see different industries, such as semiconductor manufacturers, leverage its new forms in the future. So, let's take a look at some of the companies that can adopt such approaches. 

#1. Taiwan Semiconductor Manufacturing 

This is the world's largest chip manufacturer that utilizes the most advanced process technologies in the industry. Taiwan Semiconductor Manufacturing Co. is known for serving the needs of many high-profile clients, including NVIDIA, AMD, Intel, and Apple. The company's product application range covers the broad electric industry, and it has been slowly expanding all over the world with factories spread over three continents.

With a market cap of $530.26 billion, TSM shares are currently trading at $101.40, down 1.69% year-to-date (YTD). The company posted a revenue trailing twelve months (TTM) of $69.84 bln while having EPS (TTM) of 5.36, P/E (TTM) of 19.08, and ROE (TTM) of 29.43%. Taiwan Semiconductor Manufacturing also pays a dividend yield of 1.88%.

#2. NVIDIA Corporation 

This company develops hardware and software for gaming, laptops, data centers, and apps and is specifically known for creating graphics processing units (GPUs) for a variety of applications, including games, crypto mining, and AI. 

Most recently, Nvidia unveiled its new desktop graphics processor, the GeForce RTX 40 SUPER Series, for video game enthusiasts as well as to run AI applications locally. Nvidia is also expanding its reach in China's EV sector as it announced that four Chinese EV brands will use its technology for automated driving systems.

With a market cap of $1.29 trillion, NVDA shares are currently trading at $522.58, up 5.5% year-to-date (YTD). The company posted a revenue trailing twelve months (TTM) of $44.87 bln while having EPS (TTM) of 7.57, P/E (TTM) of 68.99, and ROE (TTM) of 69.17%. Nvidia also pays a dividend yield of 0.03%.

#3. Advanced Micro Devices, Inc. 

This CPU and GPU designer is one of the biggest chip companies that recently announced the Ryzen 8000G series, headlined by the Ryzen 7 8700G, which AMD says features the fastest integrated graphics accelerator. Meanwhile, Advanced Micro Devices' latest GPU, the Radeon series, caters to the lower and middle end of the gamer market.

With a market cap of $236.154 billion, AMD shares are currently trading at $145.21, down 0.83% year-to-date (YTD). The company posted a revenue trailing twelve months (TTM) of $22.11 bln while having EPS (TTM) of 0.13, P/E (TTM) of 1,152.84, and ROE (TTM) of 0.38%.