The boom in artificial intelligence (AI) is just beginning, with AI data center spending predicted to triple to $1.4 trillion by 2030. Taiwan Semiconductor Manufacturing is well-positioned to benefit as the leading manufacturer of both GPUs and AI ASICs. TSMC has a near monopoly on advanced chip manufacturing, with strong pricing power and revenue growth projections in AI. The stock is reasonably valued for long-term investment. However, consider other top stock picks from the Motley Fool’s Stock Advisor team for potentially higher returns. TSMC could be a winner in the AI growth market for the next decade.

Read more at Yahoo Finance: Artificial Intelligence (AI) Could Deliver Another Decade of Growth. This Stock Is a Prime Candidate to Be a Winner.