Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is among the Ken Fisher Stock Portfolio: 12 Best Stocks to Buy.
On January 15, 2026, Bloomberg reported that Taiwan Semiconductor Manufacturing Company Limited planned capital spending of $52 billion to $56 billion in 2026, at least 25% higher than in 2025, showing confidence in long-term demand from the global AI boom. In 2026, the company anticipates revenue growth of about 30%, surpassing the average analyst estimate. The corporation’s U.S.-listed ADRs jumped as much as 5.6% after the outlook.
Separately, TheFly on Jan 16, 2026, reported that TD Cowen boosted its price objective on Taiwan Semiconductor Manufacturing Company Limited to $370 from $325 and maintained a Hold rating. The corporation credited production execution for the revision, which came after better-than-expected quarterly results. Furthermore, TD Cowen revised its 2026 growth forecast for TSMC to 30% year over year, in line with the company’s anticipated surge in revenue for the period.
The stock is up by 6.24% YTD as of January 29, 2026.
Taiwan Semiconductor Manufacturing Company Limited produces and markets wafer semiconductor devices and integrated circuits.
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This article is originally published at Insider Monkey.
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