Zacks.com featured stocks in the Analyst Blog, including TSM, NVDA, AAPL, AMD, AVGO, and INTC. TSMC reported a +61% profit surge in Q2, fueled by AI chip demand. The company expects further growth, with revenues projected to rise 38% in Q3 and nearly 30% in 2025. TSMC’s stock price has already seen a significant increase.

TSMC’s dominance in the semiconductor industry is supported by its leading market position and strong customer base, including NVIDIA and Apple. Despite facing challenges from tariffs and export controls, TSMC is expanding globally to establish manufacturing plants. The company’s high barrier to entry helps keep potential rivals at bay.

TSMC’s stock is primed for growth, with a Zacks Rank #2 (Buy). Analysts predict a short-term price target of $244.75, with earnings per share expected to increase annually. The company’s competitive advantages and expansion efforts make it a strong investment choice.

Zacks Investment Research has named a top stock pick with explosive upside potential, targeting millennial and Gen Z audiences. The company generated nearly $1 billion in revenue last quarter. Members of Zacks’ private portfolio services have seen significant gains, making it a valuable resource for investors.

Read more at Nasdaq: The Zacks Analyst Blog Highlights Taiwan Semiconductor Manufacturing, NVIDIA, Apple, Advanced Micro Devices, Broadcom and Intel