The post Taiwan Semiconductor (TSM) Stock: Chip Giant Projects Explosive Growth Through 2029 appeared on BitcoinEthereumNews.com.

TLDR TSMC posted 26% Q4 revenue growth and forecasts 30% expansion in 2026 Company expects 25% annual growth rate through 2029 driven by AI chip demand Stock valued at 24 times forward earnings versus 30x for major tech companies Phoenix manufacturing expansion includes $165 billion investment in new facilities Taiwan commits $250 billion to US semiconductor production under new trade agreement Taiwan Semiconductor Manufacturing posted strong quarterly results and issued bullish guidance that highlights ongoing AI infrastructure expansion. The chip foundry’s projections point to years of sustained growth ahead. Taiwan Semiconductor Manufacturing Company Limited, TSM TSMC reported 26% revenue growth in the fourth quarter compared to the prior year. Management expects that momentum to accelerate in 2026 with projected revenue gains of 30%. The growth story extends well beyond next year. The company forecasts a 25% compound annual growth rate from 2024 through 2029. That level of expansion is rare for a business valued at $1.7 trillion. TSMC manufactures chips for nearly every major AI hardware producer. The company supplies critical logic chips to Nvidia, Apple, and other tech giants building AI systems. When demand for computing power surges, TSMC benefits directly. Valuation Looks Attractive Despite Recent Gains The stock jumped over 50% in 2025, yet the current valuation suggests room for further appreciation. TSMC trades at 24 times forward earnings while delivering growth that rivals typically pay 30 times earnings to access. Big tech companies command premium valuations but none project 30% revenue growth this year. The S&P 500 trades at 22.3 times forward earnings with far slower growth expectations. The disconnect between TSMC’s growth trajectory and its price multiple creates an opportunity. Investors can buy into a company with clear expansion catalysts at a discount to comparable businesses. US Manufacturing Push Gains Momentum TSMC is building multiple production…

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Filed under: News - @ January 23, 2026 3:25 pm