Taiwan Semiconductor Manufacturing Co. (TSMC) stock surged to all-time highs in both Taiwanese and U.S. markets on the first trading day of the year. This rally stems from intense investor optimism surrounding the artificial intelligence sector. Analysts highlight TSMC as a top pick for 2026.
Robust demand for AI chips underpins the strong performance. Key customer Nvidia is reportedly placing additional orders for its H200 chips.
TSMC reinforced its technology leadership by confirming future production plans. The company plans mass production of its next-generation N2P and A16 processes. This production is scheduled for the second half of 2026.