An analyst from D.A. Davidson raised the price target for Taiwan Semiconductor Manufacturing Company (TSMC) to $500, indicating a 22% potential upside from its current price of $409.74. This upgrade is driven by strong demand in artificial intelligence (AI), with high-performance computing (HPC) accounting for 66% of TSMC's Q2 revenue and showing 20% sequential growth. To meet rising AI demand, TSMC plans to invest $60-$64 billion in 2026 to expand advanced chip manufacturing capacity. Despite heavy capital expenditure, TSMC maintains robust financial health with 65% gross margins and projected free cash flow of $47 billion in 2026, supporting its leadership in the semiconductor foundry market.
The Corgi Lithography & Semiconductor Photonics ETF (EUV) has dropped more than 20% in one month, mainly due to sector fears of margin contraction from Chinese oversupply. However, its core holdings, including ASML with its EUV monopoly and TSMC, rem...
The Alger Concentrated Equity ETF (CNEQ) and the Mango Growth ETF (GARY) offer different U.S. growth exposures despite both being tech-heavy and actively managed. GARY focuses heavily on semiconductor and AI infrastructure stocks, capturing the AI ca...
