Analysts Reassess Taiwan Semiconductor's Stock Following Strong Earnings
Taiwan Semiconductor Manufacturing Company (TSM) reported strong Q1 earnings, with revenue rising 35.1% year-over-year and net income increasing 58.3%. Analysts raised price targets, citing improved margins and strong demand for advanced-node chips. The stock is currently trading at $369, with analysts projecting up to 30% upside.
Tickers: $TSM
Topics: analyst ratings earnings profit margins semiconductor industry stock price targets