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AI marketThe Motley Fool
•81% Informative
ASML (NASDAQ: ASML) and Taiwan Semiconductor Manufacturing ( NYSE : TSM ) are critical to the production of semiconductor chips.
The need for faster, more powerful chips to fuel AI enabled the industry's sales to hit $627 billion in 2024 , a 19% year-over-year increase.
ASML is a compelling investment because AI likely wouldn't exist without its lithography tools.
TSMC is also the manufacturer of chips for some of the largest businesses in the world.
The firm is estimated to manufacture 95% of the world's advanced chips for AI .
Given this market share, it's no wonder tech giants rely on TSMC for chips.
Now is the best time to buy before it’s too late.
Right now, we’re issuing “ Double Down ” alerts for three incredible companies.
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