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-0.000132560066280101 -0.000182270091135068 -0.000347970173985147 0.000430820215410093 0.000828500414250207 0.00376139188069591 0.00420878210439099 0.00513670256835132
Stock impact report

TSMC: Why 2026 Will Be Even Bigger [Seeking Alpha]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Seeking Alpha
Q3 delivered a major double-beat: revenue +40.8% YoY, EPS beat 11.2%, margins and ROE rose, with HPC now 57% of sales and demand stayed insane. Scale is the moat: $40–42B 2025 capex with a path to ~$50B in 2026/27 should expand advanced-node share further, driving pricing power versus Intel, Samsung. Node and packaging catalysts stack: 3nm already 23% of revenue, 2nm hits 2026 P&L, A16 in H2 2026, CoWoS grows, expanding addressable market and margins. Geopolitics can oddly help: new U.S. tariffs on Chinese chips from June 2027 plus Arizona ramp may price out SMIC, but Taiwan risk remains acute. Getty Images I'm Extending My "Buy" on TSMC To 2026 I don't cover Taiwan Semiconductor Manufacturing Company Limited ( TSM ) aka TSMC as frequently as I cover similar-sized tech stocks, with my only research piece dating back to More on my IG service Hold On! Can't find the equity research you've been looking for? Now you can get access to the latest and highest-quality analy Show less Read more
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