Taiwan Semiconductor Manufacturing (TSM) delivered strong results last week while telling investors it expects 2026 sales to surge 30%, confirming the theme of artificial intelligence (AI) spending is alive and well. The world’s largest semiconductor foundry operator also signaled robust margin expansion.
Those points, along with an array of other factors, point to 2026 upside for shares of Taiwan Semiconductor, indicating there will be occasions when aggressive short-term traders can use the Direxion Daily TSM Bull 2X Shares (TSMX). That ETF is designed to deliver 200% of the daily returns of the underlying stock.
While the company’s most recent financial update is now in the rearview mirror, traders shouldn’t ignore the geared TSMX because the stock could have pleasant surprises in store for investors over the course of 2026.
“Management’s track record of…