Prediction: Micron and Taiwan Semiconductor Manufacturing Stocks Will Both Rebound to Fresh Highs Before 2026 Ends Micron Technology (NASDAQ: MU) and Taiwan Semiconductor Manufacturing (NYSE: TSM) are two of the hottest stocks in the market.
They’ve each had strong years, with Micron rising 213% and Taiwan Semiconductor increasing 36%
While those are fantastic one-year runs, the reality is that each of them is off its high. Taiwan Semiconductor is down around 15% while Micron is off about 25%. By the end of 2026, I think each of these stocks could etch a fresh all-time high, making them great buys today.
Micron and Taiwan Semiconductor are important pieces of the AI build-out When you hear about some of the computing unit makers — like Nvidia, Advanced Micro Devices, or Broadcom — it’s easy to assume that these companies are manufacturing the products, but that’s not the case. They only design the chips; then they outsource production work to various other companies. Micron and Taiwan Semiconductor are two of these companies they outsource the work to, and each of them gets a different portion of the chip.