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

Reported 10 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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