Prediction: This Unstoppable Stock Will Join Nvidia, Microsoft, Apple, Amazon, and Alphabet in the $2 Trillion Club by 2028

A paradigm shift has been under way in the world of technology over the past few years, driven by advances in the field of artificial intelligence (AI). In fact, the world's five most valuable companies by market cap, worth more than $2 trillion each, are arguably at the forefront of AI innovation.AI chipmaker Nvidia recently became the first company to surpass a $4 trillion market cap, as its graphics processing units (GPUs) are the gold standard for AI workloads, propelling its valuation to $4.5 trillion. Microsoft's growing suite of cloud-based AI tools has fueled its growth spurt, clocking in at $3.9 trillion. Apple has a captive audience of more than 1 billion iPhones amid an Apple Intelligence upgrade, driving its value to $3.4 trillion. Rounding out the top five are cloud and AI leaders Alphabet and Amazon, sporting market caps of $2.5 trillion and $2.4 trillion, respectively, as of this writing.With a current market cap of roughly $1.3 billion, Taiwan Semiconductor Manufacturing (NYSE: TSM), often referred to as TSMC, is, I predict, on the fast track to become a member of the $2 trillion club by 2028. The adoption of AI continues to gain momentum, driving up demand for its most advanced chips in the process. As the world's largest and most renowned semiconductor foundry, TSMC seems ordained to join this elite collection of businesses.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool