Top 10 AI Stocks in the Spotlight This Week

5. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Holders: 186

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures and sells advanced chips used in artificial intelligence applications. On April 17, Bank of America has lowered its price target for the stock but maintained a “Buy” rating. The price target revision has been issued, citing demand uncertainties linked to tariffs.

The firm said it reduced its 2026 and 2027 earnings estimates by 4.8% and 5.2%, respectively, based on “increased demand uncertainties caused by tariffs.” Nevertheless, it believes the stock’s recent correction has already incorporated much of the downside. The company continues to forecast robust growth backed by robust demand for artificial intelligence.

“TSMC continues to guide for mid-20% revenue growth in USD terms in 2025, on strong AI momentum,” BofA noted.