Core Insights - The next decade of growth will be driven by digital innovation, e-commerce expansion, and semiconductor dominance, with only a few companies positioned for long-term success [1] Group 1: Company Overviews - Shopify is a leading global e-commerce platform used by millions of merchants in around 175 countries, offering an integrated commerce stack that includes payment processing and logistics [3][5] - MercadoLibre dominates e-commerce and fintech in Latin America, with significant market shares in Brazil (27%), Argentina (68%), and Mexico (14%) [6] - TSMC is a key player in the semiconductor industry, providing advanced chips essential for AI model builders, with a strong revenue outlook for Q4 2025 [7][12] Group 2: Financial Performance - Shopify's financial indicators for Q2 2025 show strong growth, with revenue and gross merchandise volume increasing by 31% year-on-year [8] - MercadoLibre reported net revenues of US$33.1 billion for Q3 2025, a 40.8% year-on-year increase, with a gross margin of 59.5% [8] - TSMC's revenue for Q3 2025 is projected to be between US$32.2 billion and US$33.4 billion, with a gross profit margin expected between 59% and 61% [7][11] Group 3: Market Trends and Innovations - The trend of agentic commerce, where AI agents facilitate transactions, is emerging, with Shopify partnering with OpenAI's ChatGPT to leverage this trend [4] - TSMC is advancing its manufacturing capabilities with the introduction of 2nm process technology, enhancing supply chain resilience for clients [11] Group 4: Investment Potential - Investments in Shopify, MercadoLibre, and TSMC since 2016 have yielded compounded total returns ranging from approximately 1,000% to 4,700%, indicating strong long-term growth potential [14] - These companies are positioned in secular growth markets, making them attractive for long-term investment strategies [13][15]

The Trump administration is openly bent on AI dominance. But its aggressive stance could push some countries away from American tech, making China’s cheaper, flexible approach more attractive https://t.co/JpPsJZVGsv ...