Citi Raises TSMC Price Target Due to Strong AI Demand Outlook

Citi has raised its price target for Taiwan Semiconductor Manufacturing (TSM) due to strong demand in advanced artificial intelligence semiconductors. The brokerage lifted the target from NT$2,875 to NT$3,800 and maintained a Buy rating ahead of TSMC's earnings report on July 16.

By Fiona Craig Mon, July 6, 2026 at 1:55 PM GMT+3 2 min read · Yahoo Finance · July 6, 2026, 10:55 UTC

Citi Raises TSMC Price Target Due to Strong AI Demand Outlook

Tickers: $TSM

Topics: AI demand Earnings outlook Semiconductor manufacturing

Read the full article at Yahoo Finance

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