3 Stocks I'm Buying After Taiwan Semiconductor's Stellar Announcement
TSMC's earnings announcement should light a fire in the AI investment theme.
Overview
Taiwan Semiconductor Manufacturing (NYSE: TSM) just reported earnings, showcasing that the AI build-out is alive and well. This makes several stocks attractive buys, including TSMC itself. I'm also bullish on Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO), as increased semiconductor demand means that these two will sell more chips.
That's a bullish combination, and if you've missed out on the massive gain of these three over the past few years, now is the perfect time to buy, as they're each on sale.
Image source: Getty Images.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.