Taiwan Semiconductor (TSM) remains a key player in the tech and AI sector, with a 22% year-to-date stock increase and a strong buy rating from Barchart. As a foundry, TSMC benefits from AI demand by producing chipsets for other designers, securing its position in the production chain. Options flow and volatility skew indicate positive sentiment towards TSM stock.

Implied volatility and the volatility skew highlight the smart money’s perception of risk and direction for TSM stock. The Expected Move calculator predicts a price range of $341.17 to $399.91 for TSM by March 20. Seasonal Returns data shows March as a historically strong month for TSM stock, with an average increase of 6.49% when returns are positive. A bull call spread strategy on TSM stock could yield a payout of nearly 120% if successful.

Read more at Barchart: Taiwan Semi Stock Is Soaring Above AI Bubble Fears. Where Options Data Says It Is Headed Next.