Warren Buffett's conglomerate Berkshire Hathaway is famous for its long-term performance. Since he took over the company almost six decades ago, shares have produced annualized gains of more than 20%. Few investment vehicles in history have been able to provide this level of returns for such a long stretch of time.

The proliferation of AI in the smartphone, PC, and data center markets, among others, is providing a massive tailwind for foundry giant Taiwan Semiconductor Manufacturing. A huge addressable market and the company's improving share in the Foundry 2.

Artificial intelligence (AI) stocks scored major gains over the past two years as investors bet on the power of the technology to revolutionize the world -- from our daily lives to how companies operate.