A Once-in-a-Decade Investment Opportunity: Meet My Favorite Artificial Intelligence (AI) Semiconductor Stock (Hint: Not Nvidia)
TSMC(TSM) The Motley Fool·2024-10-22 21:45
The GPU market is projected to eclipse $1 trillion by the next decade, according to Precedence Research.You may have heard that semiconductor stocks such as Nvidia have ballooned in value over the last couple of years, and do you know why? The answer is actually quite simple. Nvidia develops chipsets known as graphics processing units (GPUs), which are a critical piece of infrastructure used in generative AI. Nvidia is widely regarded as one of AI's most influential players, and has amassed an estimated 88% ...