If AI Spending Really Hits $4 Trillion, This Stock Could Ride the Wave

Taiwan Semiconductor is in a great position to benefit from the rising sales of every top chipmaker in the AI race.There are a wide variety of estimates out there about how much money will be spent on the AI infrastructure buildout over the next few years, and one of the boldest projections is from Nvidia.During its third-quarter conference call, the company reaffirmed its projection that annual global spending on data centers will reach $3 trillion to $4 trillion by 2030. Naturally, many investors are wond ...