Taiwan Semiconductor Manufacturing could see its stock price double by 2028, turning a $10,000 investment into $20,000, according to a Motley Fool analysis. The article projects that TSMC could generate NT$9.32 trillion in revenue by 2028, or about $291 billion, with a 50% profit margin yielding $146 billion in profits. At its current valuation of 29 times earnings, that would imply a market capitalization of $4.2 trillion, up from $2.1 trillion today. The analysis assumes sustained AI-driven demand, citing CEO C.C. Wei's expectation of strong chip demand through at least 2029 to 2030 and TSMC's planned $100 billion investment in Arizona facilities.
