Goldman Drops: TSMC Price Target Hiked to $660, 40% Upside

Very Bullish

What Happened

Goldman Sachs raised its TSMC price target to NT$3,300 (ADR $660) and reiterated Buy, citing AI-driven growth extending to 2027 and upward capex revisions.

Bottom Line

Goldman Sachs is very bullish on TSMC, raising its target price on expectations of sustained AI-driven growth and increased capital expenditure.

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