Taiwan Semiconductor Manufacturing Co. (TSMC) has reached a market valuation of US$1 trillion, a notable milestone for the company.

This achievement follows a nearly 50% increase in its stock price since April, boosted by a higher revenue forecast and strong demand for AI chips.

As a major supplier for companies like Apple and Nvidia, TSMC has revised its full-year revenue growth forecast to about 30%.

This revision indicates strong demand for advanced semiconductor manufacturing.

It places TSMC’s market capitalization alongside Berkshire Hathaway and potentially among the world’s top 10 largest firms by valuation.

Analysts have pointed to rising demand for TSMC’s advanced chip nodes, particularly from AI customers.

Goldman Sachs analysts have a positive outlook for AI-related demand, predicting potential price increases for TSMC’s products by 2026.

Additionally, JPMorgan analysts suggest that increased spending on AI and higher wafer prices could enhance the company’s margins despite currency challenges.

Recent Taiwan Semiconductor Manufacturing Co. developments