I hit the buy button on Taiwan Semiconductor Manufacturing (NYSE:TSM | TSM Price Prediction) again this week, and I will hit it again the next time macro traders panic.
Taiwan Semiconductor Manufacturing Company is poised for continued strong growth, driven by surging AI chip demand and its dominant manufacturing position. TSM consistently outperforms earnings expectations, with Q2 revenue already surpassing forecasts and a likely earnings beat anticipated on Thursday. TSM's pricing power is strengthening, with potential 15% price hikes on advanced products and robust AI capex trends fueling further upside.
Taiwan Semiconductor Manufacturing Co. is scheduled to report its latest quarterly earnings early Thursday morning, with traders anticipating a big swing from the stock.
TSMC (TSM) remains a top beneficiary of AI infrastructure demand, with Q2 revenues of $39.6B near the high end of guidance. TSM's growth thesis is anchored in AI demand and the upcoming 2nm node, supporting annualized sales growth of 30% through 2028. Despite geopolitical and FX risks, TSM's EBITDA and free cash flow estimates have been raised, justifying a new price target of $504.14 (20% upside).
TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven by booming AI infrastructure spending.
TSM will release Q2 earnings on July 16 with AI-driven HPC demand, 3nm technologies and record revenues expected to support another strong quarter.
Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM) reported record June revenue of NT$442.7 billion (about US$13.2 billion), as strong demand for its chips helped lift second-quarter sales above the high end of the company's guidance. June revenue increased 67.9% from a year earlier and 6.2% from May, marking the highest monthly revenue in the company's history, according to the company's monthly sales report released Monday.
Taiwan Semiconductor Manufacturing Corp., or TSMC, just reported a record month for revenue as demand for its chips soared — and analysts think there's more to come.
TSMC's second-quarter revenue beat market expectations, giving investors another sign that demand for AI chips remains strong heading into the semiconductor earnings season. The world's largest contract chipmaker reported April-June revenue of NT$1.27 trillion, or about $39.63 billion, up 36% from a year earlier and slightly ahead of the NT$1.264 trillion expected by analysts.
TSMC reported a 6.2% month-on-month revenue increase in June. The company reported a first-half revenue of NT$ 2404.48 billion for 2026, marking a 35.6% increase compared to the same period last year.
Taiwan Semiconductor Manufacturing Co (TSMC) will add two advanced chip packaging plants in the Chiayi Science Park, the island's science and technology minister said on Sunday.
TSMC (TSM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.