Posted 3/9/2024, 4:21:00 PM
TSMC Poised to Ride AI Chip Boom While Established Players Face Valuation Risks
- Nvidia and other early AI leaders have seen huge stock gains, but their valuations now carry risk
- Taiwan Semiconductor Manufacturing (TSMC) is poised to benefit from surging demand for AI chips
- TSMC makes chips for many companies, including Nvidia, giving it broad exposure to AI boom
- Alphabet has quietly established itself as an AI leader, integrating it across advertising products
- Alphabet's stock hasn't surged like other AI players, suggesting it's undervalued given its strong position