TSMC Powers AI Computing Race and Forecasts Robust Revenue Growth Making It a Top Stock Pick
• TSMC is at the heart of the AI arms race, powering AMD and Nvidia GPUs used for AI computing • TSMC aims for 15-20% revenue CAGR over next few years, amazing growth for its size • TSMC's chips for AI computing expected to grow revenue at 50% CAGR by 2027 • TSMC reiterated guidance despite challenges, stock undervalued trading below S&P 500 • Strong growth outlook makes TSMC one of the best stocks to buy now and hold long-term