Foreign Capital: TSMC's Price Increase Success and Synchronized Capital Expenditure Growth Raise Target Price to 1280 Yuan

Reported about 1 year ago

Before the analyst meeting on the 18th, TSMC successfully exceeded the thousand-yuan mark, and foreign capital has since raised its target price to 1280 yuan as a gift. With the AI demand driving TSMC's order visibility expected to surpass previous cycles, the company is likely to succeed in raising prices. The forecast for capital expenditure for this and next year is expected to reach 35 billion US dollars and 37 billion US dollars, respectively, with a projected compound annual growth rate of 26% from 2023 to 2026.

Source: YAHOO

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