Taiwan Semiconductor (TSM) is trading at $357.82, up 2.57% in open market sessions. This follows a February 06 close of $348.85, a 5.48% gain. Zacks Investment Research named TSM its Bull of the Day, citing the company's 90% market share in advanced chips. Analysts project 30% revenue growth by 2026 supported by capital expenditures between $52 billion and $56 billion.
A record surge in Taiwanese exports, specifically for Nvidia-linked servers, indicates a significant windfall for the manufacturer. TSM’s Q1 2026 revenue is forecasted to reach $35.8 billion, marking a 38% year-over-year increase. The stock has climbed 13% year-to-date, outperforming the broader technology sector as the Nasdaq rose 1.14%.
Taiwanese officials rejected a proposal to shift 40% of production capacity to the U.S., labeling the move impossible. The company continues to prioritize its ongoing expansions in Arizona and Japan.