Bank of America Securities Reiterates a Buy on Taiwan Semiconductor Manufacturing (TSM)

​The standing comes aft the company, connected November 11, announced the support of a $14.98 cardinal fund for supporting its semipermanent capableness plans. Management noted they program to usage this concern for fab construction, expanding precocious exertion and packaging capabilities, and backing probe and improvement successful 2026.

​Analyst Yang noted that the company’s robust superior expenditure has led to accrued stock successful the foundry industry. He expects the company’s gross margins to stay robust astatine astir 60% passim 2027, supported by income increasing astatine a CAGR of 21%.

​In addition, the expert besides sees Taiwan Semiconductor Manufacturing Company Limited’s (NYSE:TSM) technological capableness successful the 2nm enlargement and high-end packaging to beryllium a important competitory borderline against its peers. Yang anticipates that this borderline tin perchance lend to a 5% CAGR proviso maturation from 2025 to 2027.

​Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is the world’s largest dedicated semiconductor foundry. It produces precocious integrated circuits for planetary industries, including technology, communications, and automotive.

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