3 Tech Stocks Destined to Drive Wealth Now and for Years to Come

Group 1: Amazon - Amazon is recognized for its diverse business segments, which provide multiple pathways to success and long-term wealth generation [4][9] - The Amazon Web Services (AWS) unit generates over $100 billion in annual revenue and is expected to grow further due to increased data center spending driven by AI [5] - Amazon's advertising business generated over $56 billion in annual revenue in 2024, positioning it as a major player in digital advertising [6] - The company utilizes nearly 1 million robots in its operations, indicating potential for increased profits and margins as it scales its robotics and AI businesses [7][8] Group 2: Taiwan Semiconductor - Taiwan Semiconductor (TSMC) is a leading player in the semiconductor industry, with a market share of 67% in the foundry business as of the end of 2024 [12] - The semiconductor industry is projected to grow at a compound annual growth rate (CAGR) of 8% through 2030, with the AI chip market expected to grow at a CAGR of 29% [11] - TSMC plans to invest approximately $40 billion in capital expenditures in 2025 to expand its manufacturing capacity [13] - In Q1 2025, TSMC generated nearly $26 billion in revenue, a 42% increase year-over-year, leading to comprehensive income of almost $12 billion, up 47% [14] Group 3: Alphabet - Alphabet, Google's parent company, reported a 10% year-over-year growth in Google Search ad revenue in Q1 2025, despite concerns over AI competition [17] - The company has over 1.5 billion monthly users of AI overviews in search results and surpassed 270 million paid subscriptions [19] - Google Cloud's revenue grew by 28% and operating income increased by over 140% in Q1 2025 [19] - Alphabet's current share price reflects a P/E ratio of under 19, suggesting it may be undervalued despite slower growth expectations [20]