AI is in a hype cycle right now, but there's one company that stands out as a long-term winner and the stock isn't even that expensive. In this video, Travis Hoium highlights the company you should watch because it supplies all of the biggest AI companies in the world.
*Stock prices used were end-of-day prices of May 31, 2023. The video was published on June 4, 2023.
10 stocks we like better than Taiwan Semiconductor Manufacturing
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Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, Microsoft, Nvidia, Qualcomm, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.