Shares of Taiwan Semiconductor Manufacturing soared over 100% during the last 12 months, placing the chip giant in rare company -- the trillion-dollar club.

Shares of AMD have cratered over the past year, making it a rare example of a chip stock that has fallen out of favor with investors.

The semiconductor industry has received a major shot in the arm from the rapid advancement of artificial intelligence (AI) technology: The size of the semiconductor market jumped by an estimated 19% last year to $630 billion,