Investors eyeing AI leaders may find Meta Platforms and Taiwan Semiconductor Manufacturing promising.

From Yahoo Finance: 2025-04-19 08:15:00

Nvidia has been a key player in the AI boom, with its GPUs powering major data center projects. The stock soared in 2023 and 2024 but is now down 25% from its peak. Investors eyeing AI leaders may find other companies set to outperform Nvidia in the long run.

Meta Platforms is heavily investing in generative AI, with plans for up to $65 billion in capital expenditures this year. The company’s AI advancements are already showing positive returns, driving higher engagement and ad adoption. Meta’s focus on AI services could lead to significant profit growth.

Taiwan Semiconductor Manufacturing (TSMC) dominates the industry, manufacturing the most advanced chips at scale. With high demand for advanced chips, TSMC continues to win big contracts and reinvest in technology. TSMC’s exceptional staying power and strong profit growth potential make it a standout in the semiconductor space.

Read more: These 2 Artificial Intelligence (AI) Giants Will Outperform Nvidia Over the Next 5 Years