Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks among the best fast growth stocks to buy now. With a price target of NT$1,444, Bernstein reaffirmed its Outperform rating on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on September 10. The company is expected to report third-quarter revenue above its own guidance, aided by strong demand for AI chips and expanding non-AI segments.
Citing solid export data and indicators of ongoing demand for AI through 2026, analysts predict that TSMC’s revenue would increase by 33% in 2025, exceeding the company’s prediction of 30%. Demand for non-AI is also accelerating, helped in part by pull-ins due to tariffs.
Bernstein stated that beginning in the first quarter of 2026, price increases of 5–10% on 5-nanometer and more sophisticated nodes should help counteract foreign exchange headwinds and growing costs overseas.
Taiwan Semiconductor Manufacturing Company Limited is a leading Taiwanese company that offers semiconductor manufacturing services.
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This article is originally published at Insider Monkey.
