Taiwan Semiconductor (TSM) Posts Strong May Sales, UBS Names Stock a Top Pick on Agentic AI Outlook

Those figures are backed by continued operational and fiscal strength.

In mid-April, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported first-quarter nett of $18.2 billion, up 58% year-over-year, and its eighth consecutive 4th of double-digit growth. CEO C.C. Wei raised the full-year gross maturation forecast to much than 30% successful U.S. dollar terms, up from a anterior outlook of adjacent to 30%, and said superior expenditure would travel successful astatine the precocious extremity of its $52 cardinal to $56 cardinal guidance range.

For the 2nd quarter, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) guided gross betwixt $39 cardinal and $40.2 billion. Wei described AI-related request arsenic highly robust and said TSMC’s condemnation successful the multi-year AI megatrend remains high.

The astir caller information constituent arrived connected June 10, 2026, erstwhile Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported consolidated nett gross of NT$416.98 cardinal for May 2026, up 1.5% from April and 30.1% year-over-year. Revenue for the archetypal 5 months of the twelvemonth reached NT$1.96 trillion, a 30.0% summation implicit the aforesaid play successful 2025.

That backdrop aligns with a broader manufacture outlook, arsenic connected the aforesaid day, UBS expert Nicolas Gaudois projected that planetary semiconductor revenues volition scope $2.38 trillion by 2027, driven by agentic AI lifting request crossed the memory, logic, and CPU segments. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was named among the firm’s preferred stocks, with foundry utilization rates and representation manufacture operating profits among the rhythm indicators UBS described arsenic pointing upward into precocious 2027.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is simply a Taiwanese multinational semiconductor declaration manufacturing and plan institution that manufactures, packages, and tests integrated circuits for assorted industries.

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