This Cash-Machine Stock Is Set to Triple Over the Next 5 Years

One area where there is a ton of cash being spent is the artificial intelligence sector. AI hyperscalers seem to be tripping over themselves to spend as much money as possible to build out their computing capacity. Several companies are benefiting from this massive spending spree. One of my favorites is Taiwan Semiconductor Manufacaturing Co. (NYSE: TSM), which provides many of the chips used in AI computing units.I think TSMC is one of the best investment options now, and its stock could be slated to triple in the next five years if the AI buildout projections come to fruition.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool