Nvidia (NASDAQ: NVDA) reported a 69% year-over-year revenue increase to $44 billion in its first quarter of fiscal 2026, driven by strong demand in the AI sector, where it holds a dominant 90% market share in data centers. Looking ahead, Nvidia anticipates continued growth of 50% for Q2 2026, positioning it as a strong candidate for doubling in value within five years. Over the past five years, investments in Nvidia have turned $10,000 into over $160,000.
Taiwan Semiconductor Manufacturing (NYSE: TSM) also shows potential for doubling within the next five years, with projected AI-related revenue growth of 45% CAGR and overall revenue growth expected to reach a near-20% CAGR. Trading at 22.9 times forward earnings, Taiwan Semiconductor is priced similarly to the S&P 500, making it an attractive investment.
