Is TSMC (TSM) One of the Best Stocks for the Next Decade?

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is 1 of the best stocks for the adjacent decade. Wall Street analysts proceed to beryllium bullish connected TSMC.

Earlier connected December 7, Bernstein raised the firm’s terms people connected Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) to $330 from $290 with an Outperform rating. The steadfast highlighted that TSMC is ramping up its Chip-on-Wafer-on-Substrate capableness to 125,000 wafers per period by the extremity of 2026. While an increase, Bernstein noted that this capableness volition hardly suffice to conscionable the request for Nvidia’s upcoming Blackwell and Rubin spot architectures done 2025 and 2026, leaving small country for further projects.

Later connected December 10, the analysts astatine Bernstein SocGen Group reaffirmed their Outperform standing and $330 terms people for Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) and noted that the steadfast is presently outpacing some its ain fourth-quarter guidance and marketplace consensus. This optimism follows a beardown November gross report, wherever TSMC recorded NT$344 billion, which marked a important 24.5% summation year-over-year.

The company’s strategical value successful the AI ecosystem continues to pull bullish sentiment crossed Wall Street. Beyond Bernstein’s target, BofA raised its ain terms nonsubjective to $360, citing TSMC’s wide trajectory successful the AI sector. With accumulation ramping up for next-gen AI accelerators and the latest mobile processors, TSMC remains the superior gateway for the hardware required to powerfulness planetary high-performance computing.

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), unneurotic with its subsidiaries, manufactures, packages, tests, and sells ICs and different semiconductor devices successful Taiwan, China, Europe, the Middle East, Africa, Japan, the US, and internationally.

While we admit the imaginable of TSM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.