While the TSMC news provided the spark, Super Micro’s stock structure provided the fuel. Super Micro is currently one of the most heavily shorted stocks on the Nasdaq exchange, creating a volatile setup known as a powder keg.For Super Micro investors, the connection is simple but powerful. TSMC builds the chips; Super Micro builds the servers that house them. If the world’s largest chipmaker is spending tens of billions to ramp up production because demand is insatiable, those new chips will need homes in d ...

Key Takeaways TSM's 2025 revenues rose 35.9% to $122.42B as EPS climbed 51.3% to $10.65.TSM's growth was driven by higher 3nm and 5nm chip orders for AI servers and high-performance computing.TSM is expanding fabs globally to meet AI demand and target 2026 growth.Taiwan Semiconductor Manufacturing Company (TSM) , also known as TSMC, continues to benefit from the global surge in demand for artificial intelligence (AI) chips. In 2025, the company’s revenues jumped 35.9% year over year to $122.42 billion, whil ...

台积电财报发布，给人工智能行业送来了含金量最足的一次背书。 2025年四季度财报，台积电多项指标大超预期，营收连续八季度同比增长，视产业周期如无物；毛利率 超过60%直逼软件巨头，让制造业同行侧目，三星见了咬碎了牙，特斯拉听了羡慕嫉妒恨。 令投资机构振奋的还是资本开支。台积电给出了2026年资本开支520亿到560亿美元的指引，相比2025年 全年的409亿美元大幅上涨，给产业送了颗定心丸。 作为芯片代工厂，台积电的资本开支主要用来建设产线、购买设备。产能建设一般需要2-3年才能投 产，因此台积电的资本开支水位，基本代表了英伟达、AMD等芯片设计公司的未来订单增长。 加上台积电虽然身处高科技行业，但在经营上是个比较保守的公司，在2025年资本开支大涨35%的情况 下，台积电又给出了"未来三年资本开支显著增加"的信号，自然让华尔街心花怒放。 财报会结束，不仅台积电自家股价刷新历史新高，连带着泛林、应用材料等各大关联单位连夜猛涨，好 兄弟ASML市值直破5000亿美元大关。中美各大机构跟进，研报接二连三，"确定性"成为高频字眼。 如果AI存在泡沫，它至少还能再吹几年。 无敌是寂寞的 台积电当下的霸主地位有两个关键 ...

2025年四季度财报，台积电多项指标大超预期，营收连续八季度同比增长，视产业周期如无物；毛利率超 过60%直逼软件巨头，让制造业同行侧目，三星见了咬碎了牙，特斯拉听了羡慕嫉妒恨。 以下文章来源于远川科技评论 ，作者何律衡 远川科技评论 . 刻画这个时代（的前沿科技） 台积电财报发布，给人工智能行业送来了含金量最足的一次背书。 令投资机构振奋的还是资本开支。台积电给出了2026年资本开支520亿到560亿美元的指引，相比2025年全 年的409亿美元大幅上涨，给产业送了颗定心丸。 作为芯片代工厂，台积电的资本开支主要用来建设产线、购买设备。产能建设一般需要2-3年才能投产，因 此台积电的资本开支水位，基本代表了英伟达、AMD等芯片设计公司的未来订单增长。 加上台积电虽然身处高科技行业，但在经营上是个比较保守的公司，在2025年资本开支大涨35%的情况下， 台积电又给出了"未来三年资本开支显著增加"的信号，自然让华尔街心花怒放。 财报会结束，不仅台积电自家股价刷新历史新高，连带着泛林、应用材料等各大关联单位连夜猛涨，好兄 弟ASML市值直破5000亿美元大关。中美各大机构跟进，研报接二连三，"确定性"成为高频字眼 ...

Core Viewpoint - Taiwan Semiconductor Manufacturing Company Limited (TSM) is experiencing a slowdown in stock momentum after a significant rally, indicating potential shifts in market dynamics [1]. Group 1: Company Performance - The stock of TSM was previously rated as a "buy" on October 23rd, 2025, suggesting a positive outlook prior to the observed slowdown [1].

此外，台积电与美国政府达成关税协议后，市场关注公司是否会进一步增加美国投资。根据协议，台湾 需直接投资2500亿美元，而台积电预计将贡献其中大部分。 激进资本支出背后：全力保市场份额 台积电2026年资本支出指引达520亿至560亿美元，较市场预期高出约60亿至110亿美元，这一激进的投 资计划引发市场广泛讨论。 摩根士丹利认为，除了强劲的AI半导体增长外，设备供应可能出现的紧张局面也是台积电需要激进预 订设备或扩充产能的原因。否则，如果需求在2-3年后符合客户预期，台积电可能面临市场份额流失的 风险。 分析师指出，台积电正在加速基础设施建设，包括但不限于在美国新购土地上建设的先进封装厂AP9和 AP10。即使增加10亿至20亿美元的基础设施资本支出，更新后的资本支出指引仍显激进。因此不排除 台积电预付部分设备款项，以平滑2026年和2027年的资本支出。 台积电四季度财报和指引双双超出市场预期，但投资者的关注点已从业绩本身转向更深层的战略问题。 这家全球最大的晶圆代工厂商在公布强劲业绩数日后，面临着投资者对其激进扩张策略的质疑，包括为 何大幅上调资本支出指引、为何需要如此积进的产能布局。 据追风交易台，摩根 ...

Core Insights - Gartner forecasts AI spending to reach nearly $1.5 trillion in 2025 and over $2 trillion in 2026, driven by AI integration in devices and computing infrastructure [1][8] Company Analysis: Taiwan Semiconductor Manufacturing (TSMC) - TSMC, the world's leading chip manufacturer, is expected to see solid demand due to its production of chips for smartphones, smart devices, and high-performance computing [3] - TSMC's fourth-quarter earnings showed a 25% year-over-year revenue increase in U.S. dollars, attributed to advanced AI chip technologies [3] - Revenue from TSMC's smartphone segment increased by 11% year over year, while Internet of Things revenue grew by 3%, and automotive revenue declined by 1% [4] - TSMC forecasts AI chip revenue to grow by over 50% annually through 2029, indicating a strong focus on expanding manufacturing capacity [5] - Apple has secured about half of TSMC's production capacity for its advanced 2-nanometer process technology, which will be utilized for the A20 chip in upcoming iPhones [6] - TSMC's outlook for 2026 predicts a 30% revenue increase in U.S. dollars and a 25% growth in earnings per share to $13.26, suggesting potential for a higher earnings multiple [7]

We recently published 15 Fresh Stocks Jim Cramer Discussed.  Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the stocks Jim Cramer discussed. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was the star of the show last week as it set the tone for AI investing in 2026. The firm is the largest contract chip manufacturer in the world, particularly when it comes to manufacturing leading-edge chips. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s shares are ...

We recently published 15 Fresh Stocks Jim Cramer Discussed.  ASML Holding N.V. (NASDAQ:ASML) is one of the stocks Jim Cramer discussed. ASML Holding N.V. (NASDAQ:ASML) is a Dutch semiconductor manufacturing equipment provider. It enjoys a monopoly in the high-end market due to being the only firm capable of making EUV lithography machines. ASML Holding N.V. (NASDAQ:ASML)’s shares have gained 79% over the past year and are up by 16.8% year-to-date. Taiwan chip giant TSMC’s strong earnings report is also se ...

Key Points Other companies are set to benefit from TSMC's strong report and increase capital expenditures, including its chipmaking customers. As the sole provider of the machines that can manufacture advanced chips, ASML will also be a big winner. Memory makers and cloud companies should also benefit from TSMC's increased capex. 10 stocks we like better than Taiwan Semiconductor Manufacturing › Taiwan Semiconductor Manufacturing (NYSE: TSM) recently reported a blowout quarter, sending its stock ...