Prediction: 2 Artificial Intelligence (AI) Stocks Will Be Worth More Than Apple by 2030 (Hint: Not Nvidia)

Core Viewpoint - Meta Platforms and Broadcom are positioned to potentially surpass Apple's market value of $3.1 trillion within five years, driven by advancements in artificial intelligence [1] Group 1: Meta Platforms - Meta Platforms owns three of the four most popular social media platforms: Facebook, Instagram, and WhatsApp, making it a valuable advertising partner and the second largest ad tech company globally [4] - The company is leveraging AI to enhance consumer engagement, with time spent on Facebook increasing by 7% and on Instagram by 6% over the past six months [5] - The number of advertisers using AI creative tools rose by 30% in the first quarter, and AI has improved ad targeting for Reels, increasing conversion rates by 5% [6][7] - Meta's market value is currently $1.7 trillion, requiring an 88% stock gain to reach $3.2 trillion, implying annual returns of 13.5% over the next five years [6] - The smart glasses market, which Meta dominates, tripled in size last year and is expected to grow over 60% annually through 2029, with potential to replace smartphones [8] - Wall Street estimates Meta's earnings will grow at 15% annually over the next three to five years, making a market value increase to $3.2 trillion plausible [9] Group 2: Broadcom - Broadcom is a leader in infrastructure software and semiconductor solutions, particularly in Wi-Fi chipsets and Ethernet switch chips, with increasing demand due to AI workloads [10] - The company is the leading supplier of custom AI accelerators (ASICs) and develops AI ASICs for major clients including Apple, Google, and Meta Platforms, with the market for AI ASICs expected to grow at 34% annually through 2030 [11] - Broadcom's current market value is $1.4 trillion, needing a 129% increase to reach $3.2 trillion, which implies annual returns of 18% over the next five years [6][12] - Despite challenges, Broadcom has consistently beaten earnings estimates, suggesting potential underestimation of future growth, with AI chip revenue projected to quadruple by 2027 [13]