Reported 2 days ago
Taiwan Semiconductor Manufacturing Company (TSMC) has recently gained bullish attention on Wall Street following its impressive July 2025 revenue of NT$323.17 billion, a 25.8% year-over-year increase. Analysts have shown optimism, with a 12-month price target averaging $275.5, indicating a potential 15.13% upside. Notably, Bank of America Securities and Bernstein have both reiterated their Buy ratings, forecasting targets of $290 and $249 respectively. While TSMC's growth is acknowledged, some experts suggest that certain AI stocks might offer higher potential returns.
Source: YAHOO