3 Undervalued Tech Stocks Poised for Growth Amid Market Highs
While major indices hover NEAR record levels, savvy investors are uncovering discounted tech plays with robust growth potential. Taiwan Semiconductor Manufacturing (TSMC) emerges as a critical enabler of the global semiconductor boom, deriving 60% of revenue from cutting-edge 3nm/5nm nodes and high-performance computing markets.
The contract chipmaker's strategic positioning in AI and cloud infrastructure fuels analyst projections of 23% revenue CAGR through 2027. Its technological dominance serves fabless giants like Nvidia, AMD, and Apple, offsetting cyclical smartphone exposure that comprises just 27% of sales.