1 AI Stock Poised to Outperform Micron and Sandisk on the Next Infrastructure Surge

Taiwan Semiconductor Manufacturing (TSMC) is positioned to outperform memory chip makers Micron and Sandisk as AI infrastructure spending accelerates. With AI accelerator revenue expected to grow at 60%+ CAGR through 2029 and the company controlling 72.5% of the foundry market, TSMC trades at a discount valuation of 20x forward earnings. Analysts project the stock could reach $850 by 2028, more than doubling from current levels.