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Prediction: This AI Stock Will Be the Next Company to Reach a Trillion-Dollar Market Cap
TSMTSMC(TSM) The Motley Fool·2024-09-28 11:15

This company has the wind at its back and dominates a huge market.There have officially been eight non-state-owned companies to have reached a market cap of 1trillion.Theseincludethe"MagnificentSeven"technologycompaniesand,mostrecently,BerkshireHathaway,whichjustpassedthethresholdearlierthismonth.Ofthesecompanies,onlyTeslaandBerkshireHathawayarebelowthe1 trillion. These include the "Magnificent Seven" technology companies and, most recently, Berkshire Hathaway, which just passed the threshold earlier this month. Of these companies, only Tesla and Berkshire Hathaway are below the 1 trillion threshold today.A lot of wealth has been built betting on internet stocks, and, at least in recent years, the g ...