Taiwan Semiconductor's Foundational Role Signals It May Be Undervalued Versus Nvidia, Analyst Says
1. Taiwan Semiconductor's stock rose 51% this year amid AI boom. 2. Nvidia trades at 30x earnings, TSMC at 20x, indicating valuation differences. 3. AI infrastructure spending projected to reach $3-4 trillion by 2030. 4. TSMC plans $40-42 billion capital expenditure for AI-driven growth. 5. Nvidia and OpenAI forge partnerships for funding AI infrastructure.