Prediction: This Artificial Intelligence (AI) Semiconductor Stock Will Join the $1 Trillion Club by 2028
ASML is knocking on the door of the $1 trillion club.
Overview
There are currently 16 companies that have crossed the $1 trillion market cap plateau, with two more, Walmart and JPMorgan Chase, knocking on the door.
One of the next artificial intelligence (AI) stocks to reach $1 trillion in market cap should be the Dutch semiconductor company ASML (NASDAQ: ASML).
Details
Currently, ASML is the world's 20th-largest company, with a market cap of about $693 billion. Based on its rapid growth rate over the past five years or so, it should reach $1 trillion sometime in 2028.
Source
Originally published at www.fool.com.
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