A recent article made the case for holding Alphabet, Microsoft, and Taiwan Semiconductor long term. For Alphabet, the initial fear that AI would kill Google Search hasn't played out. They've integrated generative AI into search and released new tech like TurboQuant to make AI more memory efficient. Microsoft is building recurring revenue through Azure by hosting AI models for other companies. The article notes it's currently trading at some of its lowest P/E levels in the last decade, making it a decent entry point. Taiwan Semiconductor is looking less cyclical these days due to the baseline demand for AI chips. With future demand coming from autonomous driving and robotics, the thesis is just that the world needs more advanced chips. It's currently trading at a 10% discount to its all-time high.