2 Growth Stocks to Buy Hand Over Fist Before December

Core Insights - December is a critical month for stock market analysis, with a focus on AI as a prevailing theme, though concerns about a potential AI bubble are rising [1][2] - Despite concerns, certain stocks, particularly Nvidia and Taiwan Semiconductor Manufacturing, are expected to benefit from the ongoing AI expansion [2][3] Company Insights - Nvidia has established itself as a leader in AI investment, with its GPUs powering the majority of current AI workloads, and it is expected to maintain this position [5] - The CEO of Nvidia predicts that global data center capital expenditures will reach $600 billion by 2025 and could rise to between $3 trillion and $4 trillion by 2030, indicating significant growth potential [6][7] - Nvidia's valuation is at 29 times next year's earnings, which, while not cheap, is comparable to other major tech companies growing at a slower rate [8] Industry Insights - AI hyperscalers are facing challenges in securing sufficient computing units, necessitating long-term orders for GPUs, which supports Nvidia's growth outlook [7] - Taiwan Semiconductor plays a crucial role by supplying chips to all major AI players, positioning it well within the industry [9]