Taiwan Semiconductor Manufacturing Company (TSM) reports record profits driven by AI chip demand.

From Nasdaq: 2025-01-24 02:07:00

Zacks.com highlights Taiwan Semiconductor Manufacturing Company Ltd. (TSM) for its record Q4 net profit, driven by demand for AI chipsets. TSMC’s strong revenue guidance and future growth prospects, including the launch of 2-nm chips, position it for success in the semiconductor market expected to reach $1.47 trillion by 2030.

Investors are advised to consider buying TSMC stock due to its growth opportunities, the new Stargate AI infrastructure project, and solid fundamentals. Analysts have raised short-term price targets, expecting a 21% increase in earnings per share. TSMC’s position in the market and profit efficiency make it an attractive investment option.

Zacks names TSM as the #1 semiconductor stock, with potential for significant growth compared to NVIDIA. With increasing demand for AI, Machine Learning, and IoT, TSMC is poised to benefit from the projected growth in the global semiconductor market. Investors can access detailed stock analysis reports for TSM, AVGO, MRVL, and AAPL for further insights.



Read more at Nasdaq: The Zacks Analyst Blog Taiwan Semiconductor Manufacturing, Broadcom, Marvell Technology and Apple