Goldman Sachs removes Taiwan Semiconductor Manufacturing from Asia-Pacific Conviction List
By
Peace Longe
Summary
Goldman Sachs removed Taiwan Semiconductor Manufacturing (TSM) from its Asia-Pacific Conviction List on July 1, 2026, reversing its long-standing bullish stance on the stock. The bank had spent over a year recommending TSM as one of the best stocks in Asia. TSM, a key player in the AI infrastructure buildout, was dropped alongside Chinese tech giant Alibaba. The article examines the implications of this decision for investors and the semiconductor sector.
Source
bskyGoldman Sachs removes Taiwan Semiconductor Manufacturing from Asia-Pacific Conviction Listmiramarflnews.comKey quotes
· 3 pulledGoldman Sachs spent more than a year telling clients that Taiwan Semiconductor Manufacturing (TSM) was one of the best stocks to own in Asia.
However, on July 1, 2026, the bank changed its mind.
Goldman dropped TSM from its Asia-Pacific Conviction List.
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