Azure, Foundries, and Accelerators: Grading the AI Buildout’s Big Three
· finance.yahoo.com
Microsoft, TSMC, and AMD each own a different layer of the AI stack, but owning all three at current prices is not the same trade. One name is running years ahead of the deliverables that would justify it.
Quick Read
Microsoft and TSMC are both Buys: MSFT trades at P/E 28 despite Azure's 43% growth, while TSMC's net income surged 77% last quarter.
AMD's trailing...