Reported about 1 year ago
The article discusses why investors should consider investing in Taiwan Semiconductor Manufacturing Company (TSMC) as an alternative to Nvidia in the booming artificial intelligence (AI) market. With Nvidia's impressive growth driven by AI, TSMC, as Nvidia's foundry partner, offers an attractive valuation and strong growth potential. TSMC's role in manufacturing AI chips for various industry leaders like Intel, AMD, and Nvidia positions the company well to benefit from the expanding AI market, including AI-enabled PCs and smartphones. Analysts forecast significant revenue growth for TSMC in the coming years, making it a promising investment for those looking to capitalize on the AI trend.
Source: YAHOO