As 2025 draws to a close, those who invested in shares of Taiwan Semiconductor Manufacturing (TSM +2.83%) at the beginning of the year would be pretty happy with their decision. After all, the foundry giant has appreciated an impressive 45% so far this year (as of Dec. 16), and that’s not surprising given the robust growth in its revenue and earnings throughout the year.
Popularly known as TSMC, the Taiwan-based company is playing a critical role in the global artificial intelligence (AI) chip market. Not surprisingly, analysts are upbeat about TSMC stock’s prospects in the coming year. Let’s check out the company’s catalysts for 2026 and find out how much upside…




