Taiwan Semiconductor (TSM) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio

Taiwan Semiconductor (TSM) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio Ramish Cheema Mon, June 8, 2026 at 12:56 PM GMT+2 3 min read TSM Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of Billionaire Ken Fisher’s Latest Portfolio: 10 Best Stocks to Buy . Contract chip manufacturing giant Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the most important companies in the world. It is the only foundry capable of manufacturing high-end chips at scale and with stable yields.

As a result, all of the world’s major semiconductor companies are its customers. Over the past year, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s shares are up by 115%, while year-to-date they are up by 36%. Bank of America and Bernstein recently discussed the shares.

Bernstein raised the share price target to $430 from $351 in late May and kept an Outperform rating on the shares. As part of its coverage, the financial firm remarked that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) could grow its earnings at a compounded annual growth rate of 28% over the next couple of years. Bank of America reiterated a Buy rating on the same day.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s forward P/E ratio of 24. 63 is significantly lower than the semiconductor sector’s 37. 29.

This sector also consists of high-growth firms such as NVIDIA and AMD. Taiwan Semiconductor (TSM) Is A Top AI Stock In Billionaire Ken Fisher's Portfolio Green Alpha Investment discussed Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its  Q1 2026 investor letter : “Taiwan Semiconductor Manufacturing Company Limited  (NYSE:TSM) has commenced mass production of 2nm chips using nanosheet Gate-All-Around transistors—the most significant architectural leap in a decade—with initial yields already reaching 70-80%, well ahead of any competitor. The N2 node delivers a 15% performance boost at the same power or a 25-30% reduction in power consumption versus 3nm, and TSMC expects to reach 100,000 wafers per month of 2nm capacity by year-end 2026.

Apple, NVIDIA, AMD, and Google have all secured capacity, and 2nm revenue is projected to surpass 3nm and 5nm combined by Q3 2026. TSMC is effectively the world’s sole manufacturer of bleeding-edge silicon at scale, with 38% of the $320 billion global foundry market and a technology lead that Samsung and Intel cannot close in the near term. With $56 billion in planned 2026 capex and pricing power to raise wafer prices 5-10% across all sub-5nm nodes, TSMC’s competitive moat is widening, not narrowing.

As AI workloads demand ever more advanced process nodes and advanced packaging (CoWoS capacity expanding 70%+ annually), TSMC sits at the absolute center of the AI compute supply chain. ” Story Continues While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the   best short-term AI stock .

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