Zacks.com users have recently been watching TSMC (TSM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM), the world's largest contract chipmaker, is in talks with Elon Musk about building and running a factory that would serve only Tesla Inc (NASDAQ:TSLA), SpaceX Corp (NASDAQ:SPCX) and xAI for his Terafab chipmaking initiative. Over the weekend, Musk confirmed on X that discussions were taking place but did not elaborate.
Every time I rebalance my portfolio, one stock keeps winning the argument against NVIDIA and Intel combined. With October 15 earnings approaching, here is why I am loading up now instead of waiting for a safer entry point.
Taiwan Semiconductor Manufacturing Company remains a core holding, with strong conviction in its long-term growth driven by technological advancement and AI demand. TSM is expected to deliver robust Q3 results, with analysts projecting a $4.46 EPS and $45.55B revenue, outpacing management's more conservative guidance. I anticipate management will issue bullish forward commentary on AI upcycle, capacity expansion, and capex, reinforcing the investment case for TSM.
The latest trading day saw TSMC (TSM) settling at $472.78, representing a +2.96% change from its previous close.
Taiwan Semiconductor Manufacturing Company Limited is rated Strong Buy, driven by sustained dividend compounding and robust forward growth catalysts. Despite mixed valuation signals—high sales/book multiples but compressing earnings/revenue multiples—TSM's valuation momentum supports continued price appreciation. Q3 and FY 2026 guidance points to stable top-line growth, with management projecting 37% YoY and 12% sequential revenue increases, despite anticipated gross margin compression.
One of the most important companies in the world in the ongoing artificial intelligence (AI) boom, the Taiwan Semiconductor Manufacturing Company (TPE: 2330, NYSE: TSM) is scheduled to pay its next quarterly dividend next week.
Does TSMC (TSM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Taiwan's TSMC , the world's largest contract chipmaker, is evaluating a potential investment in Texas to expand chip production in the US, two sources familiar with the matter said.
Taiwan Semiconductor remains the most dominant AI foundry, benefiting from broadening AI-driven demand linked to the hyperscalers and, increasingly, the frontier labs. TSM trades at just under 20x forward earnings, with valuation multiples reverting to 5-year averages amid hyperscaler CapEx growth deceleration concerns. Despite rising competition from Samsung and Intel, TSM's market leadership and advanced process adoption remain secure and unrivaled.
The market often debates the durability of the semiconductor hardware cycle. Market skeptics point to macroeconomic slowing, cyclical financing, and inventory gluts as reasons to discount chipmakers.
TSMC keeps landing on my buy list quarter after quarter, and the more I study its financials the harder it gets to justify stopping.