Motley Fool sees 22% upside for Taiwan Semiconductor shares by year-end
The forecast is based on rising artificial-intelligence infrastructure spending and TSMC’s dominant position in logic-chip manufacturing.
Taiwan Semiconductor Manufacturing shares could rise by 22% before the end of 2026, according to an outlook published by The Motley Fool.
The stock was up about 35% in 2026, compared with a 14% gain for the Nasdaq Composite, but remained more than 10% below its all-time high, the article said.
The forecast rests on expectations for continued growth in artificial-intelligence infrastructure spending. Nvidia management has estimated that five major AI hyperscalers will spend about US$1.3 trillion on data-centre capital expenditure in 2027, up from nearly US$800 billion planned for 2026.
TSMC manufactures chips for major technology companies including Apple, Nvidia and AMD. The Motley Fool, citing TrendForce data, said TSMC held more than 70% of the third-party foundry market by revenue at the end of 2025.
The projected gain assumes Taiwan Semiconductor’s forward price-to-earnings ratio returns to about 30, which the article described as a typical year-end peak. The 22% figure is a forecast, not a guaranteed outcome.
The article also disclosed positions held by its author in Nvidia and Taiwan Semiconductor Manufacturing, while The Motley Fool said it held and recommended shares in Advanced Micro Devices, Apple, Nvidia and Taiwan Semiconductor Manufacturing.
