Reported about 1 year ago
TSMC's stock price hit an all-time high of 900 on June 12, following the announcement of stock dividends. Foreign investors increased their position in TSMC, driving the market value to 23.57 trillion NTD and leading to bullish market expectations. TSMC is expected to continue its strong performance driven by future wafer manufacturing price hikes and the support of both domestic and foreign funds. Analysts predict potential factors affecting TSMC's stock price includes uncertainty due to US inflation and the Federal Reserve's interest rate adjustments. Projections for TSMC's stock price range from 1,000 to 1,040 NTD.
Source: YAHOO