Play TSMC's Best Year Since 1999 With These ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 27 2024
0mins
Source: NASDAQ.COM
TSMC Stock Performance: Taiwan Semiconductor Manufacturing Co. (TSMC) has seen its stock rise 82% this year, reaching a record high due to strong demand for AI-related investments, with expectations of 36% sales growth in the December quarter.
Analyst Recommendations and Valuation: TSMC holds a top Zacks Rank with an average brokerage recommendation of 1.35, indicating strong buy sentiments, while its valuation metrics show it trades at higher ratios compared to its industry peers.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TSM?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on TSM
Wall Street analysts forecast TSM stock price to fall
8 Analyst Rating
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 412.320
Low
63.24
Averages
313.46
High
390.00
Current: 412.320
Low
63.24
Averages
313.46
High
390.00
About TSM
Taiwan Semiconductor Manufacturing Co Ltd is a Taiwan-based integrated circuit foundry service provider. The Company is primarily engaged in integrated circuit manufacturing services. It offers advanced process technologies, specialised process solutions, advanced photomask and silicon stacking, and packaging-related technologies, while supporting a comprehensive design ecosystem. The Company's products serve diverse electronic sectors including artificial intelligence, high-performance computing, wired and wireless communications, automotive and industrial equipment, personal computing, information applications, consumer electronics, smart internet of things, and wearable devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
TSMC to Raise Advanced 3nm Prices by 15% in 2026
- Price Increase Announcement: TSMC plans to raise prices for its advanced 3-nanometer manufacturing node by 15% in the second half of 2026, with a potential additional 10% increase in 2027, which will directly impact its profitability and enhance market competitiveness.
- Positive Stock Reaction: Following the announcement, TSMC shares rose 5% in premarket trading on Wednesday, reflecting investor optimism about the company's future growth potential, especially amid surging demand for artificial intelligence technologies.
- Market Capitalization Growth: TSMC's success has propelled Taiwan's market capitalization to $4.95 trillion, surpassing India's $4.92 trillion, highlighting Taiwan's significant position in the global stock market and further solidifying TSMC's status as an industry leader.
- Dividend Distribution Decision: TSMC's board approved a quarterly dividend of NT$6.00003573 per common share, set to be paid on July 9, which not only enhances shareholder returns but also reflects the company's robust financial health.
See More
Micron Technology Stock Surges to $900 Amid Price Target Increase
- Significant Stock Surge: Micron's stock jumped 19.3% on Tuesday after UBS raised its price target to $1,650, suggesting a potential doubling of the stock price, with market capitalization surpassing $1 trillion, indicating strong investor confidence as it joins the elite 'Magnificent Seven'.
- Stock Split History: Micron has not split its stock since 1994, having executed three splits in its history; as the stock approaches $1,000, expectations for a future split are rising, which could attract more retail investors and enhance liquidity.
- Strong Financial Performance: The company is projected to see a 194% revenue increase this fiscal year to $110 billion, with a further 58% growth anticipated in fiscal 2027, indicating robust demand outpacing supply, which strengthens the case for a stock split.
- Management Confidence: Management has hinted at continued improvement in financial performance, with the CEO noting that the company can only meet about 60% of demand; if the stock continues to rise, calls for a split will intensify, reflecting management's optimistic outlook on future stock performance.
See More
Micron Surpasses $1 Trillion Market Cap as Stock Soars
- Milestone Market Cap: Micron Technology has surpassed a market cap of $1 trillion, joining the ranks of the 'Magnificent Seven' and chip peers like Broadcom and Taiwan Semiconductor, highlighting its robust position in the semiconductor industry.
- Stock Surge: Following UBS's price target hike to $1,650, Micron's stock jumped 19.3% on Tuesday and topped $900 on Wednesday, nearing $1,000, reflecting strong market optimism regarding its future performance.
- Strong Earnings Outlook: Analysts project Micron's revenue to soar by 194% this fiscal year to $110 billion, with an additional 58% growth expected in fiscal 2027, indicating that the company will continue to perform well amid demand outpacing supply.
- Split Speculation Intensifies: As the stock approaches $1,000, calls for a stock split are growing, which would make shares more accessible to retail investors and signal management's confidence in future price increases.
See More
Major Indexes Rise as Oil Prices Plunge
- Oil Price Drop: Oil prices have significantly declined due to weak global demand, with WTI crude falling below $70 per barrel, which could lower transportation and production costs, positively impacting the overall economy.
- Amazon Buy Signal: Amazon's stock has flashed a buy signal, with analysts predicting strong future growth potential, likely attracting more investor interest and further driving its stock price upward.
- Snowflake Surge: Snowflake experienced a strong rebound in after-hours trading, with its stock price rising, reflecting market optimism regarding its financial performance and future outlook, potentially drawing more institutional investor attention.
- Overall Market Performance: Amid the drop in oil prices, major indexes have generally risen, indicating increased investor confidence in economic recovery, which may promote further capital inflows into the stock market.
See More
Billionaire Hedge Fund Managers Invest in AI Stocks
- Portfolio Increase: Chase Coleman of Tiger Global Management added 1 million shares of Nvidia in Q1, bringing total holdings to 12 million shares valued at nearly $2.6 billion, reflecting strong confidence in the AI sector.
- Revenue Growth Outlook: Taiwan Semiconductor's revenue rose 41% year-over-year in Q1, with management raising its 2026 revenue growth forecast to over 30%, indicating its crucial role in the AI supply chain will continue to yield substantial returns.
- Value in Meta Platforms: Meta Platforms accounts for nearly 8% of Tiger's portfolio, with over 300,000 shares added in Q1, totaling approximately 3.1 million shares valued at around $1.9 billion, showcasing market recognition of its AI-enhanced advertising improvements.
- Broadcom's Growth Potential: Broadcom's custom AI chip business is projected to become a $100 billion market by 2027, with management's confidence leading Coleman to increase holdings quarterly, highlighting its strategic positioning in the AI landscape.
See More
Jim Cramer Recommends Four Stocks for New Investors
- Diversification Strategy: Jim Cramer emphasized the need for diversification even as artificial intelligence dominates the market, ensuring long-term stability in investment portfolios to mitigate risks associated with single-theme investments.
- Stock Recommendations: Cramer recommended four stocks for new members to buy, including Alphabet, Amazon, Apple, and Nvidia, all of which demonstrate strong growth potential, particularly in their AI-related businesses.
- Market Outlook: Despite challenges faced by Meta and Microsoft, Cramer remains cautiously optimistic about their future performance, suggesting that these companies could achieve breakthroughs in the evolving AI landscape.
- Emerging Investment Opportunities: Stocks like Arm Holdings and Broadcom are showing strong performance, particularly in the data center and AI chip sectors, reflecting robust market demand for related technologies, making them worth watching for long-term growth potential.
See More
TSMC to Raise Advanced 3nm Prices by 15% in 2026
- Price Increase Announcement: TSMC plans to raise prices for its advanced 3-nanometer manufacturing node by 15% in the second half of 2026, with a potential additional 10% increase in 2027, which will directly impact its profitability and enhance market competitiveness.
- Positive Stock Reaction: Following the announcement, TSMC shares rose 5% in premarket trading on Wednesday, reflecting investor optimism about the company's future growth potential, especially amid surging demand for artificial intelligence technologies.
- Market Capitalization Growth: TSMC's success has propelled Taiwan's market capitalization to $4.95 trillion, surpassing India's $4.92 trillion, highlighting Taiwan's significant position in the global stock market and further solidifying TSMC's status as an industry leader.
- Dividend Distribution Decision: TSMC's board approved a quarterly dividend of NT$6.00003573 per common share, set to be paid on July 9, which not only enhances shareholder returns but also reflects the company's robust financial health.
See More
Micron Technology Stock Surges to $900 Amid Price Target Increase
- Significant Stock Surge: Micron's stock jumped 19.3% on Tuesday after UBS raised its price target to $1,650, suggesting a potential doubling of the stock price, with market capitalization surpassing $1 trillion, indicating strong investor confidence as it joins the elite 'Magnificent Seven'.
- Stock Split History: Micron has not split its stock since 1994, having executed three splits in its history; as the stock approaches $1,000, expectations for a future split are rising, which could attract more retail investors and enhance liquidity.
- Strong Financial Performance: The company is projected to see a 194% revenue increase this fiscal year to $110 billion, with a further 58% growth anticipated in fiscal 2027, indicating robust demand outpacing supply, which strengthens the case for a stock split.
- Management Confidence: Management has hinted at continued improvement in financial performance, with the CEO noting that the company can only meet about 60% of demand; if the stock continues to rise, calls for a split will intensify, reflecting management's optimistic outlook on future stock performance.
See More
Micron Surpasses $1 Trillion Market Cap as Stock Soars
- Milestone Market Cap: Micron Technology has surpassed a market cap of $1 trillion, joining the ranks of the 'Magnificent Seven' and chip peers like Broadcom and Taiwan Semiconductor, highlighting its robust position in the semiconductor industry.
- Stock Surge: Following UBS's price target hike to $1,650, Micron's stock jumped 19.3% on Tuesday and topped $900 on Wednesday, nearing $1,000, reflecting strong market optimism regarding its future performance.
- Strong Earnings Outlook: Analysts project Micron's revenue to soar by 194% this fiscal year to $110 billion, with an additional 58% growth expected in fiscal 2027, indicating that the company will continue to perform well amid demand outpacing supply.
- Split Speculation Intensifies: As the stock approaches $1,000, calls for a stock split are growing, which would make shares more accessible to retail investors and signal management's confidence in future price increases.
See More
Major Indexes Rise as Oil Prices Plunge
- Oil Price Drop: Oil prices have significantly declined due to weak global demand, with WTI crude falling below $70 per barrel, which could lower transportation and production costs, positively impacting the overall economy.
- Amazon Buy Signal: Amazon's stock has flashed a buy signal, with analysts predicting strong future growth potential, likely attracting more investor interest and further driving its stock price upward.
- Snowflake Surge: Snowflake experienced a strong rebound in after-hours trading, with its stock price rising, reflecting market optimism regarding its financial performance and future outlook, potentially drawing more institutional investor attention.
- Overall Market Performance: Amid the drop in oil prices, major indexes have generally risen, indicating increased investor confidence in economic recovery, which may promote further capital inflows into the stock market.
See More
Billionaire Hedge Fund Managers Invest in AI Stocks
- Portfolio Increase: Chase Coleman of Tiger Global Management added 1 million shares of Nvidia in Q1, bringing total holdings to 12 million shares valued at nearly $2.6 billion, reflecting strong confidence in the AI sector.
- Revenue Growth Outlook: Taiwan Semiconductor's revenue rose 41% year-over-year in Q1, with management raising its 2026 revenue growth forecast to over 30%, indicating its crucial role in the AI supply chain will continue to yield substantial returns.
- Value in Meta Platforms: Meta Platforms accounts for nearly 8% of Tiger's portfolio, with over 300,000 shares added in Q1, totaling approximately 3.1 million shares valued at around $1.9 billion, showcasing market recognition of its AI-enhanced advertising improvements.
- Broadcom's Growth Potential: Broadcom's custom AI chip business is projected to become a $100 billion market by 2027, with management's confidence leading Coleman to increase holdings quarterly, highlighting its strategic positioning in the AI landscape.
See More
Jim Cramer Recommends Four Stocks for New Investors
- Diversification Strategy: Jim Cramer emphasized the need for diversification even as artificial intelligence dominates the market, ensuring long-term stability in investment portfolios to mitigate risks associated with single-theme investments.
- Stock Recommendations: Cramer recommended four stocks for new members to buy, including Alphabet, Amazon, Apple, and Nvidia, all of which demonstrate strong growth potential, particularly in their AI-related businesses.
- Market Outlook: Despite challenges faced by Meta and Microsoft, Cramer remains cautiously optimistic about their future performance, suggesting that these companies could achieve breakthroughs in the evolving AI landscape.
- Emerging Investment Opportunities: Stocks like Arm Holdings and Broadcom are showing strong performance, particularly in the data center and AI chip sectors, reflecting robust market demand for related technologies, making them worth watching for long-term growth potential.
See More
