Reported 8 months ago
TSMC closed at 970 yuan on 21st with optimism from foreign firms and netizens anticipating it will break 1000 yuan, leading to over 30,000 new shareholders. Despite yesterday's correction, confidence remains high with foreign firms like Citigroup, Goldman Sachs, JPMorgan, and Morgan Stanley setting target prices expecting TSMC to surpass 1000 yuan. The number of TSMC shareholders has grown to 1,198,592 people by June 21, showing a weekly increase of 36,708 and an overall increase of 18,860 since the end of last year. Market optimism, particularly in AI industry trends, indicates further positive growth, with analysts advising against excessive price chasing in operations.
Source: YAHOO