From The Motley Fool · John Ballard · · 1m 30s
3 AI Stocks to Buy and Hold Through 2030
Broadcom, Iren, and Taiwan Semiconductor could outperform through 2030 as AI demand surges.
In brief
Broadcom, Iren, and Taiwan Semiconductor could outperform through 2030 as AI demand surges. Broadcom, Iren, and Taiwan Semiconductor Manufacturing are recommended for long-term AI growth through 2030. Originally reported by The Motley Fool.
AI Demand Surges
Data center spending could hit $3.2 trillion in the next three years, according to an August 2026 report by Morgan Stanley.
Amazon Web Services Shortage
Amazon CEO Andy Jassy said AWS won't have enough capacity to meet demand this year, and expects shortages to continue in 2027.
Broadcom: AI Revenue Growth
Broadcom's AI semiconductor revenue jumped 221% to $16.7 billion in its fiscal third quarter, with guidance for $58 billion in fiscal 2026.
Broadcom's 2027-2028 AI Revenue Targets
Broadcom expects AI revenue to reach $115 billion in fiscal 2027 and $230 billion in fiscal 2028.
Iren: Data Center Builder
Iren phases out Bitcoin mining to rent capacity to AI companies, owning land, power, data centers, and GPUs.
Iren's Financial Risks
Iren plans to spend up to $30 billion next year but reported $707 million in trailing-12-month revenue and a net loss of over $700 million.
Taiwan Semiconductor: AI Chip Leader
Taiwan Semiconductor Manufacturing controls over 70% of the foundry market and makes chips for AI data centers.
TSMC's 2026 Revenue Growth
TSMC's third-quarter revenue hit $46.7 billion, up 41% year over year, with 68% of revenue from high-performance computing.
TSMC's 2029 AI Revenue Forecast
TSMC forecasts AI accelerator revenue to compound in the mid-to-high-50s percentage range through 2029.
The bottom line
Broadcom, Iren, and Taiwan Semiconductor Manufacturing are recommended for long-term AI growth through 2030.
