TSM and Broadcom on Track to Join Amazon in $3 Trillion Club

Taiwan Semiconductor Manufacturing (TSM) and Broadcom are two companies that could join Amazon in the $3 trillion club by 2027, according to a recent analysis.

The AI race is driving demand for these companies' products, with TSM manufacturing chips for major computing industry players and Broadcom designing custom AI chips for hyperscalers. Both companies have significant growth potential, with TSM projected to grow its revenue at a 42% pace in 2026 and a 33% pace in 2027.

Broadcom's earnings are expected to triple by the end of fiscal 2027, reaching $19.49 per share. This would allow Broadcom to meet the requirements for reducing its valuation and growing its earnings, making it an attractive investment opportunity.