Amazon and TSM to rule the roost in 2025 as top AI stocks?
Now, a latest Motley Fool report suggests that there are two strong long-term picks and solid buys at Wall Street that need to be picked up by every American investor out there. It includes the likes of Amazon and Taiwan Semiconductor Manufacturing, which are two companies that are heavily reliant on AI research and development for its various products and services.
Market analysts are of the opinion hat Amazon and TSM should be placed in the ‘Buy and Hold’ category, looking at the fact that they have along-term potential, and can yield optimum returns to US investors.
Why are TSMC and Amazon stocks being relied upon so heavily?
Taiwan Semi, also called TSMC, is one of the leading driving forces behind AI technology in the world right now, and the leaps and progress of artificial intelligence may not have been possible at all, if it would not have been for his company, suggest reports. For starters, TSMC has manufactured chips in nearly every cutting-edge electronic device, which likely won’t change in the coming years, making it a reliable stock to put money into.
Amazon Web Services (AWS), is a critical part of the computing infrastructure across the world, and therefore Amazon, although an atypical AI stock, is still worth a big investment.
FAQs:
Is TSMC’s stock going to grow further?
Yes, after TSMC’s call of increasing AI chip production, it’s stock has shot through the roof, and is now growing at a phenomenal pace.What are Magnificent 7 stocks?
The Magnificent Seven stocks are a group of seven high-performing assets, including the likes of Alphabet, Amazon, Meta Platforms and many more.
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