At $455.10, Taiwan Semiconductor Manufacturing (NYSE:TSM | TSM Price Prediction) looks compelling.
TSMC (TSM) closed at $444.23 in the latest trading session, marking a -6.98% move from the prior day.
TSMC (TSM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
President Donald Trump said that the world's largest chipmaker is doubling the size of its chipmaking facilities under construction in Arizona.
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 (NYSE:TSM | TSM Price Prediction) just put the rest of the chip sector on notice.
Taiwan Semiconductor Manufacturing Co. (TSMC, TSM) is positioned as the critical supply chain allocator in the AI-driven semiconductor economy. TSM captures compounding value from leading-edge wafers, advanced packaging, and process roadmap credibility, driving robust revenue and margin expansion. AI demand has become structural, with TSMC's high-performance computing now 61% of revenue and advanced nodes accounting for 74% of wafer sales.
In the closing of the recent trading day, TSMC (TSM) stood at $467.67, denoting a +1.2% move from the preceding trading day.
A real, potentially lasting U.S.-Iran deal appears to be on the horizon for the first time in many weeks of on-, then off-again negotiations. Should this be the deal that does it, or another one in the near term, oil prices will respond.
Taiwan Semiconductor is finally being upgraded back to a buy. Incredibly robust AI demand helps to sustain its recent price action breakout. TSM's disciplined CapEx expansion, strategic pricing, and EUV technological edge help underpin its premier foundry position despite steep capacity constraints. While rivals like Intel and Micron have outperformed, TSM's prudent approach should maintain its profitability outlook while also sustaining customer goodwill in the long run.
I keep buying Taiwan Semiconductor and I am not going to stop, because every dip the market hands me looks like a gift I refuse to refuse.
Does TSMC (TSM) have what it takes to be a top stock pick for momentum investors? Let's find out.