The advent of artificial intelligence (AI) less than three years ago has sparked a paradigm shift in the technology space. Don't take my word for it: The world's five most valuable companies -- each with market caps of more than $2 trillion -- are leading innovators in the field of AI.AI chipmaker
Nvidia recently became the world's largest publicly traded company, valued at $4.5 trillion (as of this writing), as its graphics processing units (GPUs) became the industry standard for AI workloads. Enterprise and cloud provider
Microsoft provides a growing suite of AI tools, whikch has driven its value to $3.9 trillion. With more than 1 billion iPhones in the wild,
Apple has a captive audience for its
Apple Intelligence (AI) ambitions, pushing its market cap to $3.8 trillion. Cloud and AI leaders
Alphabet and
Amazon round out the top five, boasting values of $2.9 trillion and $2.4 trillion, respectively.With a market cap of roughly $1.5 trillion (as of this writing), Taiwan Semiconductor Manufacturing (NYSE: TSM), often referred to as TSMC, is on the fast track to join this elite fraternity. The adoption of AI continues at a hectic pace, fueling blistering demand for its most advanced chips. As the world's largest and most renowned semiconductor foundry, TSMC is on the fast track to meet the requirements for membership in this exclusive club -- and it might happen sooner than investors realize.Continue reading
Weiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool