Alphabet, Amazon, and TSMC Are Top AI Chip Buys During the Sell-Off

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โดย The Motley Fool·Read original
Summary · why it matters

Alphabet, Amazon, and Taiwan Semiconductor Manufacturing are the top AI-related stocks to buy during the current chip sell-off, according to an analysis that favors them over Nvidia. Alphabet's cloud revenue surged 82% year over year in the second quarter, driving a 24% overall revenue increase, while its stock trades at 16 times trailing earnings. Amazon's chip business alone has a $50 billion run rate and would rank among the world's three largest, with overall cloud revenue up 28% and the stock at 28 times trailing earnings. Taiwan Semiconductor Manufacturing posted a 34% sales jump and expanded its operating margin to 60.3%, and it is investing $265 billion in its Arizona campus to meet soaring demand, with shares trading at a price-to-earnings ratio of 29.

Impact on stocks 4

Artificial Intelligence▲ · 3 stocks
Amazon.com Inc
AMZN
▲ PositiveDemandrelevance

Amazon's chip business has a $50B run rate and cloud revenue up 28%, driving AI chip demand.

Semiconductors▲ · 1 stocks

Theme Impact 7

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