Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is among the Ken Fisher’s Stock Portfolio: 12 Best Stocks to Buy.

On January 15, 2026, Bloomberg reported that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) planned capital investment between $52 billion and $56 billion in 2026, up at least 25% from 2025, showing confidence in long-term demand from the global AI boom. In 2026, the company expects revenue growth of 30%, beating the average estimate of analysts. The U.S.-listed corporation’s ADRs rose as much as 5.6% after the outlook.

Separately, TheFly on January 16, 2026, reported that TD Cowen raised its price objective on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) 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. Additionally, TD Cowen revised its 2026 growth forecast for TSMC to 30% year-over-year, in line with the company’s projected revenue increase for the period.

The stock is up 6.24% YTD as of January 29, 2026.

Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM ) produces and markets wafer semiconductor devices and integrated circuits.

While we recognize TSM’s potential as an investment, we believe some AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

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Disclosure: no. This article is originally published in Monkey Insider.