TSMC poised for AI chip growth despite risks for SoundHound AI
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SoundHound AI stock has surged recently, but high valuation makes it risky compared to more established AI players like Nvidia and Taiwan Semiconductor Manufacturing (TSMC)
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Nvidia stock growth is explosive thanks to booming AI chip demand, yet shares look undervalued based on forward P/E ratio and low PEG ratio
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As world's largest semiconductor foundry, TSMC is poised to benefit enormously from rise of AI chips over the next decade
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TSMC trades at just 10x sales and 26x earnings despite its dominant industry position and role supplying high-end AI chipmakers
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Based on 2026 earnings estimates, TSMC stock could surge over 90% in the next 3 years if awarded a similar multiple to the tech sector