The stock market saw a pullback as investors sold off AI and big tech stocks ahead of Nvidia’s earnings. This presents an opportunity for long-term investors to consider buying best-in-class AI stocks like Taiwan Semiconductor Manufacturing and Vertiv. The Nasdaq is still up 45% since April and 17% for 2025, with positive earnings outlooks across sectors.

Nvidia’s upcoming earnings release is highly anticipated, with Wall Street looking for guidance on the AI chip maker’s performance. The market has been on a pullback, but overall earnings growth is projected in the economy for 2026 and 2027, with the Fed likely to cut interest rates. Investors should consider buying beaten-down stocks amidst market volatility.

Taiwan Semiconductor Manufacturing is a key player in advanced chip manufacturing, serving companies like Nvidia and Apple. TSMC holds a dominant share of the foundry market and continues to expand its production capabilities. With strong revenue and earnings growth projections, TSMC remains a top AI tech stock to buy and hold for the long term.

Vertiv Holdings Co. provides AI infrastructure solutions and is positioned to benefit from the growing demand in the AI data center market. With a strong earnings outlook and revenue growth projections, Vertiv is a standout in the AI infrastructure sector. The stock has performed well, with significant growth in recent years and a positive outlook for future expansion.

Read more at Nasdaq: Zacks Investment Ideas feature highlights: Taiwan Semiconductor, Nvidia, Apple and Vertiv