Taiwan Semiconductor Manufacturing (TSM): The Next $1 Trillion Company in the AI Evolution
Unstoppable Growth in Semiconductor Industry
This leading semiconductor company, Taiwan Semiconductor Manufacturing (TSM), is witnessing robust growth due to the increased demand for AI-driven technologies. With a market cap of $789 billion, TSM is gearing up to join the $1 trillion club, supported by its vital role in supplying AI-related chips to tech giants like Nvidia and Apple.
AI Revolution and TSM's Position
- TSMC is a foundry partner to major AI players and poised for accelerated growth as more applications for AI emerge, anticipating a significant increase in revenue.
- Wall Street estimates forecast a remarkable revenue growth of 22% in 2024 and 2025, projecting a potential $1 trillion market cap for TSMC by 2026.
At a forward P/S ratio of 9.3, TSMC offers an appealing investment opportunity in the AI revolution, with its management anticipating robust growth in AI-related revenue over the next decade.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.