Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the The best Wide Moat stocks to buy right now. The company’s wide moat is due to cost advantage and intangible assets. On October 7, Bank of America Securities analyst Robert Cheng reiterated a “Buy” rating on the company’s shares, setting a price target of $330.00. The analyst rating is supported by a combination of factors that demonstrate Taiwan Semiconductor Manufacturing Company Limited’s (NYSE:TSM) strong future prospects. The analyst raised EPS estimates for 2026 and 2027 due to a better price outlook.
The analyst expects a strong rise in Taiwan Semiconductor Manufacturing Company Limited’s (NYSE:TSM) 2nm technology in 2026. In addition, an increase in the average selling price, due to the higher proportion of US production and advanced processes, along with Taiwan Semiconductor Manufacturing Company Limited’s strategic overseas expansion (NYSE:TSM), helps the analyst rating. Elsewhere, on a consolidated basis, revenue for September 2025 amounted to ~NT$330.98 billion, reflecting a decline of 1.4% from August 2025 and an increase of 31.4% from September 2024. Notably, the company’s revenue for January to September 2025 amounted to NT$2,762.96 billion, a year-on-year increase of 36.4%.
Brown Advisory, an investment management firm, released its Q2 2025 investor letter. Here’s what the fund said:
“Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM): manufactures, distributes and tests integrated circuits, silicon wafers, diodes and related semiconductor components. Taiwan Semiconductor Manufacturing benefits from its leadership in leading node manufacturing, allowing it to gain market share and benefit from the strong demand environment for high-performance computing and artificial intelligence infrastructure.”
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Disclosure: None. This article was originally published in Internal jumpsuit.