1 Undervalued Artificial Intelligence (AI) Stock to Buy in Bunches for 2024

By Parkev Tatevosian, CFA – Jan 7, 2024 at 6:00AM

NYSE: TSM

Taiwan Semiconductor Manufacturing

Market Cap

$717B

Today's Change

(1.26%) $1.72

Current Price

$138.30

Price as of April 26, 2024, 4:00 p.m. ET

Artificial intelligence could remain on investors' minds for several years.

Fool.com contributor Parkev Tatevosian highlights one artificial intelligence stock that is selling at an attractive valuation.

*Stock prices used were the afternoon prices of Jan. 4, 2024. The video was published on Jan. 6, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.