TSM stock is trading sideways after hitting a recent high. TSMC's profit is expected to rise 46% in its second quarter.
IBD Sector Leaders
Will Earnings Be The Catalyst To Lift TSM Stock Higher?
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01:02 PM ET 07/09/2026
Taiwan Semiconductor Manufacturing (TSM), better known as TSMC, was sitting on the short elite list of Investor's Business Daily Sector Leaders earlier this week and currently is part of the IBD 50 list. TSM stock is trending sideways in tight weekly closes with the company's second-quarter earnings report due out soon. TSMC is the world's largest contract chipmaker and produces…
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