The Motley Foolยท2025-11-16 23:00Core Viewpoint - The AI boom continues to drive growth in the stock market, with Nvidia and Taiwan Semiconductor identified as key beneficiaries of this trend [1][2]. Company Insights - Nvidia is recognized as a leading provider of computing units, particularly graphics processing units (GPUs), which have significantly outperformed competitors like AMD in the AI sector [3][4]. - Taiwan Semiconductor is the largest chip foundry globally, essential for the production of AI technologies, and serves nearly all major AI companies [6]. - Both companies are addressing the energy consumption challenges associated with AI, with Taiwan Semiconductor launching a new chip generation that reduces power consumption by 25% to 30% [7][8]. Market Potential - Nvidia projects that global data center capital expenditures will rise to $600 billion in the current year and could reach $3 trillion to $4 trillion by 2030, indicating substantial growth opportunities for both companies [10]. - The PEG ratio, which considers growth and valuation, suggests that both Nvidia and Taiwan Semiconductor are undervalued, making them attractive investments as the AI boom is expected to persist [11][13].