TrendForce reported Thursday that Taiwan Semiconductor Manufacturing Co. (TSMC) captured 70.4% of the global foundry market in the fourth quarter of 2025. Strong demand for AI-related chips, including AI servers, GPUs, and Google's tensor processing units, drove the growth. Total revenue for the world's top 10 foundries reached a record high in 2025.
Bank of America reiterated a Buy rating for TSM on Thursday, citing technology leadership and potential margin upside. Zacks upgraded the stock to a Strong Buy due to optimistic earnings prospects. These ratings follow reports of strong February sales fueled by sustained AI-related revenue growth.