2 Monster Stocks to Hold for the Next 10 Years

There's no shortage of great companies to invest in, but narrowing down your decision to just a couple of top stocks can be difficult

Volatility in the market earlier this year has left some investors wondering which companies have the stability, growth spects, and lead in their respective to be long-term winners

Both dominate their niches and are tapping into long-term trends that should keep their es humming for years to come

Image source: Getty Images

Taiwan Semiconductor continues to benefit from AI chip demand It's hard to escape the constant drumbeat of artificial intelligence (AI) news, but there's a good reason it's getting so much attention

AI could add nearly $16 trillion to global GDP by 2030, according to PwC data, and it's transforming industries at a rapid pace

Nology companies are racing to integrate AI into their ducts and services at breakneck speed, fearing that if they don't, they'll be left behind

That's causing giants, including Nvidia, Microsoft, Amazon, Alphabet, and others, to invest trillions of dollars into data centers with advanced cessors

This is where Taiwan Semiconductor (often referred to as TSMC) comes in

Artificial intelligence sales are expected to double this year, according to management, and consensus estimates from analysts put the company's total sales at $4. 2 billion for fiscal 2026, up 16% from the previous year

Some people have worried that demand for high-performance AI cessors will cool down, but so far that hasn't happened

Companies appear to be locked into an AI race that has them vying for the best infrastructure available, which means spending to build new data centers and upgrade older ones with TSMC-manufactured cessors

Amazon's cloud computing and advertising es are driving growth Amazon might be easy to overlook because other players with more direct exposure to AI, Nvidia, are getting a lot of attention

But Amazon is benefiting from the AI boom as well with its Amazon Web Services (AWS)

This is notable because companies are ramping up their need for AI services, and that's pushing demand for AWS higher

Artificial intelligence demand will push total cloud computing revenue to an estimated $2 trillion by 2030, according to Goldman Sachs, and AWS is already benefiting

That makes advertising Amazon's fastest-growing revenue segment, and there's ly more on the way

Keep this in mind with both stocks There's been a lot of uncertainty in the market over the past several months, but that doesn't mean you should avoid buying great stocks

Amazon and Taiwan Semiconductor have established themselves as leaders and are continuing to benefit from their ability to outpace their rivals

While there could be short-term ups and downs with their prices, investors who buy and hold for the long term will ly be rewarded

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors

Chris Neiger has no position in any of the stocks mentioned

The Motley Fool has positions in and recommends Alphabet, Amazon, Goldman Sachs Group, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing

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