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flag TSM and Nvidia see massive AI-driven growth, with TSM's earnings up 54% and Nvidia's 103% in Q3.

flag Taiwan Semiconductor Manufacturing (TSM) and Nvidia (NVDA) are leading in the AI market, with both seeing impressive growth. flag TSM's sales rose 36% and earnings by 54%, while Nvidia's sales surged 94% and earnings by 103% in Q3. flag TSM is considered the better AI stock with a lower forward price-to-earnings ratio of 23.0 compared to Nvidia's 32.7. flag Both companies benefit from the growing AI market, with spending expected to reach up to $2 trillion over the next five years.

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