Taiwan Semi’s (TSM) Impressive Quarter Sets The Tone For 2026

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) released its March 2026 revenue figures on April 10, reporting strong growth driven by continued demand for AI-related products. The company posted consolidated revenue of NT$415.19 billion for the month, marking a 45.2% increase compared to March 2025. On a sequential basis, revenue also rose sharply by 30.7%.

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts.

For the first quarter of 2026, covering January to March, total revenue came in at NT$1,134.10 billion. This was slightly higher than estimates of NT$1.12 trillion and represented a 35.1% increase compared to the same period last year. The strong performance shows ongoing strength in AI demand, which continues to be a key driver of the company’s growth.

According to CNN’s analyst ratings compilation, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is currently covered by 51 analysts on Wall Street and enjoys a consensus Buy rating. Based on analyst estimates, the stock has a median price target of $450, reflecting an additional 21.5% upside from the current levels. The most bullish estimate suggests an upside of up to 48.5%.

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is the world’s largest semiconductor foundry and is engaged in the manufacturing of semiconductor chips. These chips are used by companies across several end markets, including personal computers and peripheral products, consumer electronics, wired and wireless communications systems, and automotive and industrial equipment.

While we acknowledge the risk and potential of TSM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSM and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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