TSMC has a high degree of advantage in advanced logic chip manufacturing. (Reuters photo)
[Financial Channel/Comprehensive Report] The AI wave continues to heat up, and global technology giants have invested huge sums of money to expand data centers, driving the demand for AI chips, wafer foundry and memory to rise simultaneously. Foreign media "The Motley Fool" analyzed that if AI data center spending continues to expand and reaches US$3 trillion to US$4 trillion per year in 2030, the following three stocks are definitely worth buying.
Reports indicate that large AI cloud service providers are investing billions of dollars in building data centers to provide sufficient computing power to train AI models and execute various workloads. Currently, computing resources on the market are still in short supply, and it will take several years to meet the needs of the future economic system with AI as its core. Huida estimates that by 2030, AI spending may reach US$3 trillion to US$4 trillion per year, showing that there is still huge room for growth in related industries. The report named the following three beneficiary stocks.
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Huida’s revenue continues to rise and stock price is expected to double
In the AI computing chip market, Huida still occupies a leading position. Despite increasingly fierce competition, the company still holds a huge market advantage. The report mentioned that Huida’s second-quarter revenue reached US$96 billion, most of which came from the data center business. Revenue is expected to further rise to US$108 billion in the next quarter.
In addition, Huida stated in its latest earnings call that it expects revenue to grow by 70% in 2027. As the AI data center construction boom is expected to continue until 2030, the market is optimistic that Huida still has considerable room for growth.
It is worth noting that the report believes that Huida’s current stock price has not fully reflected its future growth potential. Based on the valuation quoted in the report, Huida's estimated price-to-earnings ratio is less than 15 times next year's expected earnings. If the company meets analysts' profit forecasts and its price-to-earnings ratio rises to 30 times by the end of next year, the stock price could double from its current level. However, this estimate is based on conditions such as revenue, profit and market valuation being in line with expectations, and is not an inevitable trend in the stock price.
TSMC has mastered chip manufacturing advantages and has a revenue market share of 72.5%
In addition to Huida, TSMC is also an important beneficiary of the AI industry. Huida is mainly responsible for chip design, and actual manufacturing relies on wafer foundries. TSMC focuses on logic chip manufacturing and is an important supplier supporting Huida and other AI chip companies.
The report pointed out that the chip foundry market has limited players to choose from, and many chip design companies need to cooperate with a small number of manufacturers with advanced process capabilities. This allows TSMC to not only benefit from Huida's growth, but also have the opportunity to profit from the demand of other AI chip competitors.
As of the second quarter of 2026, TSMC's revenue market share in the wafer foundry market reached 72.5%, and it has a clear market dominance. For investors, even if the competitive landscape of the AI chip market changes in the future, TSMC may continue to benefit from the growth of overall AI demand by virtue of its chip manufacturing position.
Micron benefits from memory shortage, stronger short-term growth momentum
The third stock to watch is Micron Technology. Unlike TSMC, which mainly produces logic chips, Micron focuses on memory chips, which are also an indispensable part of AI computing systems.
The report analyzed that the memory market is currently facing a severe supply shortage, which has pushed up chip prices significantly, making Micron's recent growth performance stronger than that of TSMC. Therefore, in the current market environment, Micron may have greater room for its share price to rise.
However, the report also reminded that the tight supply and demand situation of memory will not last forever. If supply gradually increases and price increases slow down in the future, Micron's growth momentum may also be affected, and investors must still pay attention to changes in the industry climate.
Overall, Huida, TSMC and Micron respectively control key links such as AI chip design, chip manufacturing and memory supply. If AI data center spending continues to rise through 2030, all three companies have the opportunity to benefit from this wave of investment.
The report believes that including these three stocks in the investment portfolio will help diversify reliance on a single AI chip company. However, there are still uncertainties in relevant forecasts, and AI investment expenditures, chip demand, supply, and stock valuations may all affect actual returns. Even if the industry prospects are promising, it does not mean that stock prices will inevitably rise. Investors should still carefully evaluate risks.
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