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worldwide AI industryThe Motley Fool
•79% Informative
As of the latest look, only six companies now boast 13 -figure market caps.
Taiwan Semiconductor Manufacturing ( NYSE : TSM ) is estimated to make around two-thirds of the world's semiconductors and chips.
The company's market cap currently stands at $887 billion , so it's only got a short trip to the trillion-dollar milestone.
Broadcom believes it will begin making commercial shipments of this fiberoptic technology by the end of this year .
Analysts believe this company's revenue will nearly double between now and 2028 .
A trillion-dollar market cap will position Broadcom and Taiwan Semiconductor shoulder-to-shoulder with names like Apple and Nvidia .
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