Posted 3/9/2024, 4:21:00 PM
AI Chip Boom Presents Opportunities in Stocks Like TSMC and Overlooked Giant Alphabet
- AI chip demand is surging, benefiting companies like Nvidia and Super Micro Computer
- However, these stocks have already soared extremely high over the past year
- Taiwan Semiconductor Manufacturing is well-positioned to capitalize on the AI boom as a key chip manufacturer
- Alphabet has quietly established itself as an AI leader, presenting an underappreciated opportunity
- Both TSMC and Alphabet offer less risky ways to invest in the transformative AI trend