Is Wall Street Bullish on Taiwan Semiconductor Manufacturing Company (TSM)?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the Stocks That Will Make You Rich In 5 Years. On August 8, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) released its July 2025 revenue report. The company posted monthly revenue of NT$323.17 billion, representing a 25.8% increase year-over-year. Several analysts have given bullish ratings since the release, and the analysts’ 12-month average price target of $275.5 reflects a 15.13% upside from the current levels.

On August 13, Brad Lin from Bank of America Securities reiterated a Buy rating on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) with a price target of $290. More recently, Mark Li from Bernstein also reiterated a  Buy rating on the stock with an associated price target of $249.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a technology company that provides integrated circuit manufacturing services and specializes in advanced chip-making technologies like 5nm, 3nm, and 2nm processes.

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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Disclosure: None. This article is originally published at Insider Monkey.