This Ultimate AI Stock Has Gained 26% This Year and Still Isn't Done

Nvidia (NASDAQ: NVDA) became the world's most valuable company because it is a critical part of the AI build-out. Companies need Nvidia chips for computational power, but it turns out Nvidia needs another company to manufacture its chips.Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) creates the chips that Nvidia designs. It's not just Nvidia, either. The Taiwan firm also manufactures the majority of AMD's (NASDAQ: AMD) and Broadcom's (NASDAQ: AVGO) chips. That customer base puts Taiwan Semiconductor Manufacturing at the center of the AI boom. However, it's been a valuable pick even before AI chips became the hottest tech. The firm's long-term history and current opportunities suggest more upside.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool