ASML vs. TSMC: Which Semiconductor Supply Chain Stock Is the Better AI Play?
Both companies play important roles in the building boom from artificial intelligence.
Overview
I have long thought that one of the best ways to invest in artificial intelligence (AI) and its infrastructure is to find a company that provides a product or service so compelling that it essentially dwarfs the competition. That's why two of my favorite stocks in the semiconductor supply chain are Taiwan Semiconductor Manufacturing (NYSE: TSM) and ASML (NASDAQ: ASML).
Both of these companies have been more-than-solid winners over the last five years, with net income for Taiwan Semiconductor (TSMC for short) rising 251% in that time, and revenue increasing by 165%. ASML has been strong as well, with better than 90% gains in both net income and revenue.
Details
Their shares in the last five years have outpaced the tech-heavy Nasdaq Composite by a wide margin.
Source
Originally published at www.fool.com.