Taiwan Semiconductor Manufacturing Company Limited (TSM) is listed as one of the 13 Best Extremely Profitable Stocks to Invest in Now. Analyst sentiment on TSM remains bullish, with a consensus price target of $410, suggesting a 24.03% upside potential. The company plans to increase capital spending by 25% in 2026 to meet AI-driven demand.

TD Cowen raised TSM’s price target to $370, citing strong production execution. Morgan Stanley and Barclays also raised their price targets, pointing to strong gross margins and rising demand for AI. TSM manufactures integrated circuits for various industries globally. While TSM shows investment potential, other AI stocks may offer greater upside.

For more information on the best stocks to buy right now, check out Insider Monkey’s reports. No disclosures were made regarding TSM in the article.

Read more at Yahoo Finance: Strong Analyst Sentiment on Taiwan Semiconductor Manufacturing (TSM) As AI Demand Drives Massive 2026 Capital Spending