Taiwan Semiconductor Manufacturing Co. Stock News

Remember when a stock becoming valued at $1 trillion was a big thing?

Taiwan Semiconductor Manufacturing should continue to grow through the end of the decade. TSMC will remain a linchpin of the global semiconductor market.

TSMC is growing at a faster pace than consensus estimates this year. The company's secular growth opportunity in the semiconductor market indicates that it is built for long-term growth.

The past few weeks have seen extreme volatility in the market and the earnings season is usually a highly volatile period.

Many of the semiconductors TSMC manufactures for its chipmaker clients are vital for providing the processing power needed to train and run AI applications. In Q2, high-performance computing chips accounted for over half of TSMC's revenue for the first time.

Several analysts wrote bullish analyst notes on the chipmaker, but this didn't seem to stir investors. There was a lingering sense of mild disappointment in the broader chip sector.

We continue to expect more upside for Taiwan Semiconductor before the AI tailwind gives out. We think TSMC is uniquely positioned in the foundry market in terms of share and technological advantage to benefit from high demand for AI and potential end demand rebound in 2025. Trump's comments and the geopolitical concerns about the chip wars between the U.S. and China undermine the potential upsi...

Semiconductor stocks have been big winners thanks to enthusiasm around artificial intelligence (AI) investments. While Nvidia owns the AI chip market right now, many competitors are beginning to emerge.