Bernstein Expects Taiwan Semiconductor Manufacturing Company Limited (TSM) to Surpass Its Q3 Revenue Forecast

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the Top 15 Stocks to Buy in 11 Different Sectors for the Next 3 Months.

Bernstein Expects Taiwan Semiconductor Manufacturing Company Limited (TSM) to Surpass Its Q3 Revenue Forecast

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.

On September 11, 2025, Bernstein analysts projected that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) would surpass its Q3 revenue forecast, citing recovery in non-AI markets and booming AI chip demand. August revenue surged 34% year-over-year to NT$336 billion ($11.1 billion), pushing July–August sales to 70% of Q3’s guidance midpoint. Analysts expect results 7–8% above consensus and forecast 33% revenue growth in 2025.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest semiconductor foundry, producing advanced chips for AI, high-performance computing, smartphones, autos, and IoT devices. It is one of the Best Diversified Stocks.

While we acknowledge the potential of TSM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSM and that has 100x upside potential, check out our report about this cheapest AI stock.

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