Taiwan Semiconductor Manufacturing Company (TSM) is highlighted as a top growth stock, having risen over 54% last year with an expected 10% upside. JPMorgan recently raised its price target, projecting a 30% revenue increase for 2026 due to strong demand for N3 and N2 chips. The firm also anticipates improved gross margins. Additionally, TSM secured a renewed annual license to import US chip equipment to its Nanjing facilities, ensuring uninterrupted operations. While TSM remains a strong investment, the article suggests that certain undervalued AI stocks may offer greater growth potential.
Read More
JPM Raises PT on Taiwan Semiconductor Manufacturing Company Limited (TSM), Keeps a Buy
By mychabi2013
