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Top Stocks to Watch: Taiwan Semiconductor Manufacturing and Apple Set to Benefit from $2 Trillion AI Opportunity
ByAinvest
Tuesday, Jan 20, 2026 7:17 am ET1min read
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Gartner forecasts AI spending to reach nearly $1.5 trillion in 2025 and over $2 trillion in 2026, driven by AI integration in devices and computing infrastructure. Taiwan Semiconductor Manufacturing (TSM) and Apple (AAPL) are expected to benefit from this trend, with TSM forecasting AI chip revenue growth of over 50% annually through 2029. Both companies have strong growth outlooks for 2026, with TSM expecting revenue to increase by 30% and earnings per share to grow 25%.
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