Want to Get Richer? 2 Top AI Stocks to Buy Right Now
Artificial intelligence (AI) appears to have real potential to go down as this decade's most disruptive technology trend. It also has the potential to be a huge moneymaker for investors who put money behind the right companies. Some players in the space have already scored big rallies this year, but there's an incredible shift underway that's just heating up.
With that in mind, read on to see why two Motley Fool contributors identified these two companies as among the best AI stocks to buy right now.
Keith Noonan: Taiwan Semiconductor Manufacturing (NYSE: TSM), or TSMC as it's often called, stands as the far-and-away leader in the semiconductor fabrication space. While tech leaders including Nvidia, Advanced Micro Devices, Amazon, Apple, and Microsoft are all devoting resources to the development of cutting-edge AI chips, none of these companies have the infrastructure needed to manufacture their own semiconductors. All of these companies turn to TSMC for fabrication services and will likely continue to do so for many years to come.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
With 25 Buy predictions and not a single Sell prediction Taiwan Semiconductor Manufacturing Co. Ltd. ADR is an absolute favorite of our community.
As a result the target price of 173 € shows a slightly positive potential of 9.08% compared to the current price of 158.6 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
