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.
The US economy is showing robust growth with the S&P 500 earnings up 27.7% in Q1, driven by tech sector gains like 50% earnings growth in IT and nearly 49% in communication services. This strength dispels recession fears and bubble concerns, as valua...
Intel's recent stock surge is losing steam amid weak fundamentals and high valuation, despite hopes for its foundry business turnaround. Meanwhile, Taiwan Semiconductor (TSMC) and ASML Holding, key players in the AI chip supply chain, show strong ear...
Taiwan Semiconductor Manufacturing (TSMC) reported a strong Q1 2026 with $35.9 billion revenue and a record 66.2% gross margin, driven by robust AI-related demand. High-performance computing now accounts for 61% of wafer revenue, highlighting TSMC's ...
Taiwan Semiconductor Manufacturing Company (TSMC) saw its shares fall 7% following Chinese President Xi Jinping's warning about Taiwan, despite a diplomatic thaw during the first U.S. presidential visit to China in nearly a decade. TSMC remains a cri...
Cameron Dawson highlights that semiconductor stocks now make up 18% of the S&P 500, more than double their weight during the tech bubble peak, driven mainly by giants like NVIDIA. This concentration extends to value and emerging market indexes, with ...
