Reported 7 days ago
A recent analysis predicts that Taiwan Semiconductor Manufacturing Company (TSMC) and Broadcom could surpass Tesla in market capitalization within the next five years. Both companies are poised for significant growth, driven by increasing demand for semiconductors and AI chips, which contrasts with Tesla's slower expected earnings growth of just over 4% annually. TSMC, currently valued at around $995 billion, is expected to see its earnings rise by 26% annually, while Broadcom, valued at $813 billion, anticipates a growth rate of 20%. As competition in the electric vehicle market intensifies, these semiconductor giants may soon eclipse Tesla.
Source: YAHOO