Apple could help these two companies join the $1 trillion club

05.08.2024

Apple (NASDAQ: AAPL) could play a key role in helping Berkshire Hathaway (NYSE: BRK.A) and Taiwan Semiconductor Manufacturing (NYSE: TSM) reach a market capitalization of $1 trillion. Berkshire Hathaway, the largest holder of Apple shares, is already approaching $950 billion. Any increase in Apple’s stock value will add billions to Berkshire’s capitalization.

TSMC, a key chip supplier for Apple, could also receive a significant boost from rising iPhone sales and new Apple AI features. The recent unveiling of Apple AI at the Worldwide Developers Conference has generated great interest, and if demand for chips increases, it could push TSMC to the $1 trillion mark.

Apple shares remain attractive to investors due to the company’s strong market position and steady cash flow. Meanwhile, investing in Berkshire Hathaway or TSMC provides access to growing sectors and helps diversify a portfolio.

Thus, despite close ties to Apple, each of these investments has its own unique advantages and could be a wise choice for investors seeking long-term growth.