TSMC Stock Price Close to Breaking 1,000, Investment Trusts Suggest 2,000 is Achievable

Reported 8 months ago

TSMC's stock price closed at 981 yuan on June 19, approaching the highly anticipated 1,000 yuan milestone earlier than expected. Investment trusts predict that TSMC's profits may exceed 1 trillion yuan this year with an EPS of 40 yuan, making a stock price of 2,000 yuan reachable in four years, as TSMC continues to strengthen its advanced packaging research and expand production capacity. Despite short-term fluctuations influenced by factors like the U.S. elections and geopolitical tensions, steady investment through funds or ETFs is recommended for long-term growth prospect. With global demand for AI capabilities exceeding TSMC's current supply capacity, along with ongoing efforts to enhance advanced packaging R&D and expand production, TSMC's stock price growth momentum remains strong.

Source: YAHOO

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