An analyst initiates coverage of Taiwan Semiconductor Manufacturing Company (TSMC) with a strong buy rating and a price target of $577, suggesting a 37% upside from current prices. The positive outlook is driven by TSMC's strategic position to benefit from growing AI infrastructure demand and advancements in semiconductor technology, including the shift to 2nm processes and advanced packaging. The analyst highlights TSMC's robust earnings growth potential, supported by a favorable forward PEG ratio and projected 2027 EPS of $21.36, underpinning the premium valuation and expected stock appreciation.
TSMC shares are trading at USD 412.61 on Pluang as of Oct 17, 2026 13:51 WIB, down 2.28% for the day. The stock holds a market cap of $1.96 trillion and shows strong investor interest with 94% of Pluang orders being buys. Typical holding time on Pluang is 111 days, indicating a medium-term investment horizon among users.
A Delaware jury ruled that Arm breached its chip architecture license agreement with Qualcomm, causing Arm's stock to fall 5%. AMD shares also dropped 5%, while Taiwan Semiconductor's shares declined 2%. The verdict threatens Arm's core business mode...
Barclays raised its price target for Taiwan Semiconductor Manufacturing Company (TSMC) to $670, reflecting confidence after the company reported its sixth consecutive quarter of record profits and a 51% increase in third-quarter revenue. Despite stro...
Taiwan Semiconductor Manufacturing (TSMC) reported its sixth consecutive quarter of record profits and raised its full-year growth outlook to about 44%, driven by strong AI demand. Despite this, the stock price fell back to levels seen a month ago du...
Taiwan's government supports building $4 billion industrial parks in Texas to house suppliers for Nvidia and TSMC, aiming to ease chip supply constraints. These parks will host smaller suppliers near U.S. assembly sites, reducing shipping delays and ...
The VanEck Semiconductor ETF (SMH) is recommended as a Buy due to strong capital expenditure growth driven by AI investments and a recent sector price correction. SMH offers diversified exposure to leading semiconductor companies like NVIDIA, TSMC, A...
