Cramer Sees 'Monster' Quarter for TSMC as JPMorgan Boosts Target

Overview

• Jim Cramer said Taiwan Semiconductor should deliver a “monster quarter,” highlighting its role manufacturing chips for NVIDIA and AMD.
• Cramer noted recent weakness in NVIDIA shares and suggested a strong TSMC report could help shake out sellers, framing the outlook as his view.
• He praised TSMC’s management and said he listens to its conference calls, adding that his Charitable Trust holds NVIDIA rather than owning both stocks.
• JPMorgan raised its TSMC price target to NT$2,100 on January 7, citing AI-led growth with a forecast for 30% USD revenue expansion in 2026.
• The bank pointed to rising N3 demand, an accelerating N2 ramp, stronger advanced packaging, higher blended ASPs, and improving gross margins as key drivers.