An analyst from D.A. Davidson raised the price target for Taiwan Semiconductor Manufacturing Company (TSMC) to $500, indicating a 22% potential upside from its current price of $409.74. This upgrade is driven by strong demand in artificial intelligence (AI), with high-performance computing (HPC) accounting for 66% of TSMC's Q2 revenue and showing 20% sequential growth. To meet rising AI demand, TSMC plans to invest $60-$64 billion in 2026 to expand advanced chip manufacturing capacity. Despite heavy capital expenditure, TSMC maintains robust financial health with 65% gross margins and projected free cash flow of $47 billion in 2026, supporting its leadership in the semiconductor foundry market.
Taiwan Semiconductor Manufacturing Company (TSMC) exceeded its Q3 revenue guidance by $920 million, driven by AI-focused high-performance computing now making up 68% of its revenue. The company is accelerating its 2nm chip production, aiming to more ...
Cathie Wood's ARK Invest sold millions in top AI chip stocks AMD and Taiwan Semiconductor to invest in Robinhood and two air taxi startups, Archer Aviation and Joby Aviation. This move reflects a shift from established AI winners to riskier, innovati...
NVIDIA, Micron, and TSMC, key players in the AI semiconductor supply chain, show strong growth potential even if AI budgets slow in 2027. Each controls a critical part of the AI hardware market: NVIDIA designs accelerators, Micron supplies high-bandw...
