Top Stock Picks for $1,000 Investment Today

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Core News Facts

Nvidia (NASDAQ: NVDA) recently announced a backlog of approximately $300 billion in orders for its advanced computing chips over the next five quarters, highlighting significant growth potential. The company reported $165 billion in revenue over the past 12 months while trading at a price-to-earnings ratio of about 29.

Taiwan Semiconductor Manufacturing (NYSE: TSM) is the leading semiconductor manufacturer, supplying chips for nearly all competitors in the AI sector. The company is experiencing high demand, posting a 41% growth rate in U.S. dollars during Q3, with shares trading at a price-to-earnings ratio of 24.

Alphabet (NASDAQ: GOOG, GOOGL) has successfully integrated AI into its Google Search platform, helping it remain a leader in the search engine market. The company’s cloud computing division is expanding, with capital expenditures expected to grow; it trades at a price-to-earnings ratio of 26.

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