Why is Taiwan Semiconductor (TSM) One of the Most Profitable NYSE Stocks to Buy Right Now?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the most profitable NYSE stocks to buy right now. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) received a rating update from Bank of America Securities analyst Mike Yang on December 10, who reaffirmed a Buy rating on the stock and set a $390 price target.

The rating update came the same day Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported its November 2025 revenue report. Revenue for November 2025 on a consolidated basis reached around NT$343.61 billion, reflecting a drop of 6.5% from October 2025 and an increase of 24.5% compared to November 2024.

Management further reported that revenue for January through November of 2025 reached a total of NT$3,474.05 billion, which translates to a growth of 32.8% compared to the same period in 2024.

For reference, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported consolidated revenue of NT$989.92 billion in its fiscal Q3 2025 results, along with a net income of NT$452.30 billion, and diluted earnings per share of NT$17.44. Year-over-year fiscal Q3 revenue rose 30.3%, while net income and diluted EPS grew 39.1% and 39.0%, respectively. Fiscal Q3 2025 results reflected a 6.0% increase in revenue and a 13.6% increase in net income compared to fiscal Q2 2025. Q3 revenue in US dollars was $33.10 billion, up 40.8% year-over-year and up 10.1% compared to the previous quarter.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.

While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.