Reported 8 months ago
TSMC's ADR premium has hit a 15-year high, with U.S. listed stock prices 20% higher than those in Taiwan! Foreign investors are optimistic about TSMC's revenue growth driven by Apple's AI strategic layout, particularly with the large-sized A18 Pro processor. TSMC's revenue and profits are expected to increase due to a potential 10% price hike in 4nm technology. The most optimistic scenario envisions TSMC's target price hitting 1300 NT dollars, with three U.S. foreign investors concurrently raising their target prices. Apple Silicon's upcoming iPhone 16 Pro series is set to feature the A18 Pro processor developed by TSMC using 3nm technology, promising increased revenue contribution to TSMC in the AI semiconductor sector.
Source: YAHOO