Particle.news
Download on the App Store

Opinion: Recasting the Magnificent Seven for AI With TSMC and Broadcom Replacing Apple and Tesla

The author argues that chip foundry and infrastructure leaders offer clearer exposure to the next wave of AI-driven growth than consumer hardware or EV makers.

Overview

  • A Yahoo Finance opinion recommends reshaping the market’s “Magnificent Seven” to be AI‑focused by adding Taiwan Semiconductor (TSMC) and Broadcom in place of Apple and Tesla.
  • The piece backs TSMC by noting it builds chips for Apple, Nvidia, and other designers, and cites the company’s target of roughly 25% compound annual revenue growth from 2024 to 2029.
  • Apple is criticized as a weaker AI play, with the author saying the company has leaned on Google’s Gemini on its devices rather than rolling out its own system at scale.
  • Tesla is described as a poor fit for the list because the author sees softer demand for electric cars and thinner profits, despite the company’s heavy AI investments.
  • Broadcom is promoted as a stronger AI infrastructure bet through its chip and enterprise offerings, reflecting a broader view that suppliers of AI compute may outgrow consumer tech brands.