2 Unstoppable Artificial Intelligence (AI) Stocks to Buy Right Now for Less Than $1,000
2 Unstoppable Artificial Intelligence (AI) Stocks to Buy Right Now for Less Than $1,000
Publish Date: 2026-03-20 21:17:00
Source Domain: www.theglobeandmail.com
Here are the key points from the article:
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AI-driven investment opportunities: The rapid adoption of artificial intelligence is creating significant wealth-building opportunities for investors, particularly in the semiconductor sector.
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Discounted semiconductor stocks: The leading semiconductor stocks, though robust in demand due to AI, are currently trading at price-to-earnings multiples lower than their expected growth rates offering potential for long-term upside.
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Broadcom highlights:
- Broadcom provides essential technology for AI and data centers.
- Its AI chip revenue grew 106% year over year in the first quarter of 2026, with a projected accelerated growth rate.
- Broadcom’s competitive edge is in its unique design and supply chain capabilities.
- The stock has a PEG ratio of 0.73, suggesting significant underestimation of future demand and potential for investors to benefit from this.
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Taiwan Semiconductor Manufacturing (TSM):
- TSMC is a dominant player in the chip manufacturing industry with a 72% market share.
- It supplies advanced chips to major tech companies, including Amazon’s cloud business.
- Despite cyclical industry risks, TSMC has experienced steady growth due to the increasing digitization of the global economy.
- It reported 36% revenue growth in 2025, with guidance for approximately 30% growth in 2026.
- TSMC’s AI chip revenue is expected to grow 50% annually through 2030.
- Despite geopolitical risks, TSMC is diversifying its manufacturing by moving some operations out of Taiwan and into the U.S.
- The stock has a PEG ratio of 0.79, indicating potential for long-term gains.
