Not Intel. Not Nvidia. This Chip Giant Holds an Unbreakable Moat in Next-Gen Data Centers.
Taiwan Semiconductor holds a massive market share advantage.
Overview
Some investors look at moats and assume they're strong, but when they truly break them down, investors realize these moats weren't as good as they thought. One popular stock that investors cite for its strong moat is Nvidia (NASDAQ: NVDA). However, when you break it down, it's not nearly as strong as that of Taiwan Semiconductor Manufacturing (NYSE: TSM).
While some may consider Intel (NASDAQ: INTC) a competitor, that's not the reality, and Taiwan Semiconductor has built a nearly unbreakable moat in the data center space. I think that makes it a top stock to buy right now, as it will be a direct beneficiary of the massive artificial intelligence (AI) spending that's still coming.
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Originally published at www.fool.com.