The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss emerging trends in technology.

In today's edition, Eric and Jeremy discuss why buying the 800-pound gorilla of the contract chip manufacturing space, Taiwan Semiconductor, could be a top buy in the chip sector. The company is a leader in an increasingly consolidating space, which, after the buyout of rival Chartered Semiconductor by GlobalFoundries, only continues to consolidate. Looking at its competitive position, attractive dividend yield, and valuation, Eric thinks it's a top buy for chip investors.

Both Eric Bleeker and Jeremy Phillips own shares of no companies listed above. The Motley Fool owns shares of Apple, Intel, and Texas Instruments. Motley Fool newsletter services have recommended buying shares of Apple, NVIDIA, and Intel, creating a diagonal call position in Intel, creating a bull call spread position in Apple, and writing puts in NVIDIA. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.