Goldman Sachs Raises TSMC's Price Target Amid Strong AI Chip Demand

Reported 1 day ago

Goldman Sachs has increased its price target for Taiwan Semiconductor Manufacturing Company (TSMC) from NT$1,210 to NT$1,370, maintaining a Conviction Buy rating due to strong demand from AI clients. TSMC's management has also raised its 2025 revenue growth target to 30% YoY, highlighting optimistic projections in advanced semiconductor nodes.

Source: YAHOO

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