Taiwan Semiconductor Manufacturing Company (TSMC) raised its full-year 2026 revenue growth guidance to over 30%, driven by strong demand for AI and high-performance computing chips, which accounted for 61% of Q1 revenue. The company reported Q1 earnings per share of $3.49, beating estimates for the eighth consecutive quarter, and April revenue grew 17.5% year-over-year. Despite geopolitical risks related to Taiwan and some institutional selling, TSMC's dominant 72% global foundry market share and high operating margins support a favorable risk/reward profile. Analysts see about 15% upside from the current $404 stock price, with a consensus target near $463, making TSMC a compelling way to invest in the AI chip build cycle if growth targets are met.
In 2026, the iShares Semiconductor ETF (SOXX) has outperformed the VanEck Semiconductor ETF (SMH) by capturing a broader range of semiconductor stocks, especially equipment makers, resulting in an 86.78% gain versus SMH's 64.11%. SOXX's index favors ...
The iShares MSCI Emerging Markets ETF (EEM) has significantly outperformed the SPDR S&P 500 ETF (SPY) in 2026, with a 20% year-to-date gain compared to SPY's 8%. This outperformance is largely due to EEM's heavy exposure to semiconductor companies li...
The VanEck Semiconductor ETF (SMH) has gained about 146% over the past year, with nearly 20% growth in May alone, and is up 66% year to date. Unlike common assumptions, NVIDIA is not the main driver; the fund's modified equal-weight structure means t...
Elon Musk has unveiled plans for Terafab, a colossal semiconductor factory in Texas designed to dramatically increase US chip production, potentially doubling current national capacity. The facility aims to produce up to 1 terawatt of chip output ann...
Elon Musk revealed plans for Terafab, a huge 100 million square foot chip factory targeting one terawatt of annual compute hardware output, about double current U.S. chip consumption. The project involves Tesla, SpaceX, and Intel, aiming for vertical...
