Nvidia, Taiwan Semiconductor Manufacturing, and Broadcom are strong buys despite tariff concerns

From Nasdaq: 2025-03-15 14:30:00

The threat of tariffs is causing concern for many companies, potentially leading to reduced consumer spending and confidence. However, despite the stock market sell-off, Nvidia, Taiwan Semiconductor Manufacturing, and Broadcom are seen as strong buys due to their importance in providing AI hardware. These companies are crucial suppliers for AI hyperscalers and are expected to weather the storm caused by tariffs. Additionally, Taiwan Semiconductor recently announced a $100 billion investment in U.S. semiconductor production facilities, potentially avoiding tariffs. Investors are presented with a unique opportunity to buy these stocks at lower prices following the sell-off, with long-term potential in mind.



Read more at Nasdaq: 3 Artificial Intelligence (AI) Stocks That Can Weather President Trump’s Tariff Storm