Quick Read

• TSM pulls back 9% in a week yet earns a BUY rating with a $503 price target representing 16% upside from current levels.

• CEO C.C. Wei targets 30% full-year 2026 revenue growth as advanced nodes under 7nm now generate 77% of TSMC’s wafer revenue.

• Taiwan geopolitical risk and surging capex near $54 billion in 2026 could compress TSM’s forward P/E toward 24x, dragging shares near $425.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn’t make the cut. Grab the names FREE today.

Taiwan Semiconductor Manufacturing (NYSE:TSM) has been one of the defining AI infrastructure trades of the past year, and…