Taiwan Semiconductor Manufacturing Co (TSMC) reported a 45% year-on-year revenue increase in March, driven by strong demand for AI-related chips and advanced node production running at full capacity. Wedbush highlights TSMC's critical role in supplying chips for AI accelerators, next-gen smartphones, and data centers, suggesting sustained structural demand beyond typical market cycles. The weaker Taiwan dollar also provides a margin boost. Wedbush maintains an outperform rating with a 13% upside price target, expecting 31% revenue growth in 2026 fueled by AI workloads rather than cyclical semiconductor demand.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Taiwan Semiconductor Manufacturing Company (TSMC) announced an additional $100 billion investment in its U.S. chip production, raising its total commitment to $265 billion. This funding will support the construction of four new fabrication plants usi...
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 23.4% increase in second-quarter profit from the previous quarter, surpassing analyst estimates. The company's net income reached NT$706.56 billion ($39.45 billion), a record high for the f...
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Taiwan Semiconductor Manufacturing Company (TSMC) is set to report earnings on July 16, 2026, with analysts expecting revenue around $39.85 billion, up significantly from last year due to high demand for AI chips. Earnings per share are forecasted at...
