11 Most Promising Future Stocks According to Hedge Funds

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4. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Holders: 186

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or a part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more. This makes it one of the top promising future stocks to invest in now.

On May 1, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) announced plans to start construction on a third chip plant in Arizona. Bloomberg reported that the company is expediting its US expansion as the Trump administration’s threats of further tariffs deepen. In a report released on April 21, Simon Coles from Barclays maintained a Buy rating on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) with a price target of $215.00.

Investors are bullish on the stock, and demand for its innovative services is one of the primary reasons behind the sentiment. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has plans to grow its capital expenditures (capex) to between $38 billion and $42 billion in 2025, which translates to an annual growth of 28% to 41%.

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