Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a key player in AI stocks, with JPMorgan raising its price target to NT$2,100.00. The firm predicts 30% revenue growth in 2026, driven by N3 demand and advanced packaging. Gross margins are expected to improve, supported by better mix and higher yields.

JP Morgan foresees 20+% revenue growth in 2027 for TSMC, driven by leading-edge capacity and AI-driven spending. Upside risks include stronger gross margins and increased demand. Potential rebound in Nvidia H200 shipments and mature technology demand were also highlighted.

TSMC manufactures advanced chips for AI applications. While TSM has potential, other AI stocks may offer greater upside with less risk. For an undervalued AI stock benefiting from tariffs and onshoring, see the free report on the best short-term AI stock.

(Source: Yahoo Finance)

Read more at Yahoo Finance: TSMC (TSM) Gets Price Target Hike as JPMorgan Sees Strong AI-Led Growth