Reported 3 days ago
Analysts predict that a specific AI semiconductor stock, likely Taiwan Semiconductor Manufacturing (TSMC), will join Nvidia, Microsoft, Apple, Alphabet, and Amazon in the $2 trillion club by 2028, fueled by the expected surge in AI infrastructure spending from big tech companies. While Broadcom has seen impressive growth and revenue increases from its AI chips, its high stock price relative to earnings may hinder its ascent to this elite group, unlike TSMC, which maintains a reasonable valuation and strong revenue growth prospects.
Source: YAHOO