Tech Stocks with Long-Term Growth Potential Amid AI Boom

Technology stocks continue to dominate market returns, with the tech-centric indexes outperforming broader benchmarks by significant margins over the past decade. The rise of artificial intelligence is expected to inject trillions into the global economy, making leading tech companies prime investment candidates.

Taiwan Semiconductor Manufacturing (TSMC) stands out as a critical player in the semiconductor space. Controlling over 70% of the foundry market, TSMC benefits from surging demand for advanced chips, particularly in AI applications. The company's revenue growth of 44% year-over-year in Q2 underscores its dominant position.

While not a cryptocurrency play, TSMC's technological infrastructure supports the underlying hardware requirements for blockchain networks and AI applications that increasingly intersect with crypto ecosystems. The company's wafer fabrication and chip packaging services form the backbone of modern computing, including the devices used for digital asset transactions.