TSM

The first AI stock I will be showcasing in this video is Taiwan Semiconductor Manufacturing Company (TSMC). I have calculated the fair value of this stock at $609 per share , while the market price is only $416.

Therefore, I have calculated a growth rate of more than 46% for Taiwan Semiconductor Company's stock over the next 12 to 18 months. Of course, one of the biggest positive factors surrounding this company is technological innovation. This goes beyond the scope of artificial intelligence.

Artificial intelligence is certainly thriving as a result of the big language models provided by ChatGPT, then Anthropic and Google’s Gemini , and now there are many big language model providers, whether open source or closed, large or small . Various forms of these models are widespread, and Taiwan Semiconductor Company benefits from this as a result.

Broadcom and Taiwan Semiconductor Manufacturing Company are seeing sales and profits boom as a result of the increasing demand for artificial intelligence. But which one of these two semiconductor companies is the better stock to buy right now? You can see Taiwan Semiconductor there it operated on sales figure of around $75 billion in 2023 before its sales nearly doubled to $143 billion in the most recent trailing 12-month period.

Regardless, looking back longer term, these companies have seen their sales proliferate since 2017 Taiwan Semiconductor generated revenue of around $30 billion in 2017. Those sales have increased by nearly 5x.