Reported 9 months ago
Today in the social media community, hot topics in the Taiwan stock market include discussions such as whether TSMC is weak, the recent surge in TSMC leading to speculations about reaching 1,000, and the potential impact of the U.S. election on TSMC stock price. According to Wang Rongxu, CEO of Wanbao Investment Consulting, if U.S. stocks rise tonight, the Taiwan stock market may follow suit next week, with TSMC possibly breaking the previous high and reaching 1,000. Wang analyses that TSMC's profit outlook is favorable, with estimated EPS of around 48 to 50 next year, making a price of 1,000 reasonable. However, the future performance of TSMC will also be influenced by Nvidia's performance, and the outcome of the U.S. election could introduce uncertainties to the market dynamics.
Source: YAHOO