Taiwan Semiconductor Manufacturing (TSM)

Sep 25, 2026

Taiwan Semiconductor Manufacturing Company (TSM) is a primary beneficiary of the AI-driven capital expenditure surge, with hyperscalers' spending projected to reach $1.3 trillion by 2027. Despite potential risks like geographic concentration and margin dilution from new fabs, TSM delivered robust Q2 2026 results and is guiding strong Q3 revenue growth. The company appears undervalued given its projected EPS growth of nearly 30% annually through 2028 and its crucial role in AI chip fabrication.

Sep 25, 2026

Taiwan Semiconductor (TSM) remains a buy due to its attractive valuation and persistent uptrend, with upcoming Q3 results anticipated. The company reported strong Q2 results, boasting 36% YoY revenue growth and a 67.7% gross margin, primarily fueled by high-performance computing demand. Management has projected over 40% revenue growth for FY 2026 and increased capital expenditure guidance, signaling confidence in sustained AI demand despite potential risks like margin pressure from the 2nm ramp and geopolitical uncertainties.

Sep 24, 2026

This article compares Arm and Taiwan Semiconductor Manufacturing (TSMC), two major chip industry players with different business models. Arm designs chip architectures, licensing its intellectual property, while TSMC manufactures chips as a pure-play foundry. The author analyzes their financial performance, risk profiles, and valuations, ultimately recommending TSMC due to its indispensable role in manufacturing advanced AI chips for leading tech companies.

Sep 22, 2026

AMD shares rose 5% following an unconfirmed supply-chain report indicating a 10% price increase for its AI accelerator chips, consumer GPUs, and motherboard chipsets for Q4, attributed to higher wafer costs from its foundry partner, Taiwan Semiconductor. This surge positions AMD as potentially flexing pricing power, rather than just passing on costs, leading to lesser gains for NVIDIA and Taiwan Semiconductor. The market is now waiting for official confirmation or denial from AMD, as the current stock movement is based solely on this unverified report.

Sep 18, 2026

The article compares GlobalFoundries (GFS) and Taiwan Semiconductor Manufacturing (TSMC), highlighting GFS as a potentially favorable investment despite TSMC's dominance in AI silicon. While TSMC boasts significant revenue growth and advanced 2nm chip production, GFS's niche in silicon photonics for data centers is growing rapidly, and the company benefits from a lower capital expenditure and a U.S.-based manufacturing strategy that appeals to customers mitigating geopolitical risks. GFS also trades at a cheaper forward P/E and offers a differentiated profile for investors seeking less exposure to Taiwan-centric manufacturing.

Sep 16, 2026

The article argues that Taiwan Semiconductor Manufacturing (TSMC) is a strong buy, not primarily for its AI accelerator contributions, but due to its critical bottleneck control in advanced packaging technology, specifically CoWoS. This exclusive capacity gives TSMC significant pricing power, evidenced by its Q2 revenue and gross margin growth. The author suggests that owning TSMC is akin to owning the "toll road" for AI infrastructure, offering better leverage than its customers or competitors, despite geographical concentration risks.

Sep 16, 2026

This article argues that both ASML and Taiwan Semiconductor Manufacturing (TSMC) are often misunderstood by investors despite strong Q2 2026 results. It highlights their monopolistic positions in specific niches—ASML in EUV and immersion DUV systems, and TSMC in leading-edge nodes and CoWoS packaging—which are critical for AI infrastructure. The author suggests that these overlooked monopolies are the true drivers of their businesses, not the simplistic labels of "tool vendor" and "foundry" often applied to them.