Taiwan Semiconductor Manufacturing (TSM) – Among the Best Global Stocks to Buy According to Wall Street Analysts

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is included among the 10 Best Global Stocks to Buy According to Wall Street Analysts.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures, packages, tests, and sells integrated circuits and other semiconductor devices around the world.

On April 16, Needham upped its price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) from $410 to $480, while maintaining a ‘Buy’ rating on the shares. The revised target represents an upside of almost 24% from the current price levels.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported strong results for its Q1 2026 on April 16, beating forecasts in both earnings and revenue, supported by the strong demand for its leading-edge process technologies. The company reported a revenue of $35.9 billion, up 40.6% YoY, while its net income attributable to shareholders also grew by 58.3% compared to last year.

TSM expects its Q2 revenue to be in the range of $39 billion and $40.2 billion, representing a sequential increase of 10% and a YoY growth of 32% at the midpoint. The company also raised its full-year 2026 revenue growth forecast to above 30% from nearly 30% previously.

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