Tesla and Tech Giants Eye $2 Trillion Valuation by 2026
Meta Platforms, Tesla, Broadcom, and Taiwan Semiconductor Manufacturing (TSMC) are among the few companies poised to reach a market cap of $2 trillion by 2026. Currently, Meta leads with a valuation of $1.66 trillion, while TSMC follows at $1.49 trillion. To achieve this threshold, Meta requires a 21% increase in its stock price, and TSMC needs to jump 34%.
The market dynamics have been challenging for Tesla, particularly with the expiration of electric vehicle credits in the U.S. Despite this, TSMC is expected to grow at a rate of 21%, driven by high demand for AI chips. Broadcom reported Q4 AI revenue of $6.5 billion, a 74% year-over-year increase, and anticipates growth exceeding 100% in Q1.
Analysts predict that while Tesla may struggle, TSMC and Meta have favorable growth trajectories that could help them reach the $2 trillion mark by 2026, especially given their positions in the AI market.
