2 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist Before the Next Earnings Season

2 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist Before the Next Earnings Season

https://www.aol.com/articles/2-artificial-intelligence-ai-stocks-215000904.html

Publish Date: 2026-03-11 18:02:00

Source Domain: www.aol.com

• Broadcom (NASDAQ: AVGO):

  • A networking giant that designs and sells routers, switches, clusters of GPUs, and custom AI chips (XPUs).
  • AI revenue surged more than 100% to $8.4 billion in the last period.
  • Anticipates AI revenue to reach $100 billion from AI chips alone by 2027.
  • Provides specialized chips differing from those of competitors like Nvidia.

• Taiwan Semiconductor Manufacturing (NYSE: TSM):

  • Produces the chips for market leaders including Nvidia, Broadcom, and others.
  • Reported a 20% increase in revenue and a 30% increase in earnings per share in the recent quarter due to high AI demand.
  • CEO expresses strong confidence in multi-year AI megatrend and predicts fundamental growth in semiconductor demand.
  • Expected to continue growth, supported by predictions like Nvidia’s estimate of $4 trillion in AI infrastructure spending by the end of the decade.

• The Long-Term AI Growth Story:

  • AI industry has driven significant stock market performance, promising substantial cost savings, revenue gains, and innovation.
  • Despite recent market fluctuations due to global concerns, the foundational AI boom remains unaffected.
  • Earnings reports from AI leaders are showcasing surging revenues, high demand, and robust quarters.

• Potential AI Investments:

  • Earnings reports from AI companies such as Broadcom and TSMC illustrate the ongoing strength and demand in the AI sector.
  • Investment potential continues to be strong, especially from leading AI infrastructure providers.

• Advisory Note:

  • The Motley Fool Stock Advisor recommends a list of 10 top stocks with potential for high returns, although Broadcom was not included in the latest selection.
  • Historical returns from Stock Advisor suggest strong potential, with significant outperformance over the S&P 500.