Taiwan Semiconductor Manufacturing (TSM) – Among the Best Global Stocks to Buy According to Wall Street Analysts

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures, packages, tests, and sells integrated circuits and different semiconductor devices astir the world.

On April 16, Needham upped its terms people connected Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) from $410 to $480, portion maintaining a ‘Buy’ standing connected the shares. The revised people represents an upside of astir 24% from the existent terms levels.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported beardown results for its Q1 2026 connected April 16, beating forecasts successful some net and revenue, supported by the beardown request for its leading-edge process technologies. The institution reported a gross of $35.9 billion, up 40.6% YoY, portion its nett income attributable to shareholders besides grew by 58.3% compared to past year.

TSM expects its Q2 gross to beryllium successful the scope of $39 cardinal and $40.2 billion, representing a sequential summation of 10% and a YoY maturation of 32% astatine the midpoint. The institution besides raised its full-year 2026 gross maturation forecast to supra 30% from astir 30% previously.

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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