JPMorgan (NYSE: JPM) says…
That investors looking to bet on the AI boom may want to look at Taiwan Semiconductor Manufacturing (NYSE: TSM).
Frankly, I think most people are underestimating the impact of AI.
Elon Musk’s new AI breakthrough is one of the most groundbreaking developments.
Click here to see how it could make you +1,766% gains – inside my free report.
Gokul Hariharan is an analyst at JPMorgan.
And in a new note to clients, he just said that “all roads in AI semis lead” to Taiwan Semiconductor Manufacturing.
The company is a supplier to chip majors like Advanced Micro Devices, Qualcomm, and Nvidia.
It’s also “one of the cheapest large-cap semi stocks globally, still trading at a 30% discount to the SOX index and a 51% discount to the large-cap AI semis basket (Nvidia, AMD, Broadcom, Marvell).”
His price target for the company is NT$850 on Taiwan-listed shares.
This suggests the stock could make you 9%.
But there are also bigger and better profit opportunities in the AI boom.
That’s why I’m going all-in on the next big AI stock winners.
And I’d love to rush you my report with 5 AI stocks that stand to earn windfall profits because of it.
Go here to see get their NAME and TICKER symbols.
Ian Wyatt
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Sunday, March 31, 2024
JPMorgan's New AI Buy Alert
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