Huaxing Securities: TSMC's positive development momentum is expected to continue until the first half of 2025

China Finance Online
2024.10.22 00:03
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Huaxing Securities analyst Colin Liu stated that Taiwan Semiconductor's gross margin in the third quarter exceeded expectations, indicating that the impact of rising production costs for 3-nanometer chips is easing, and this positive trend is expected to continue until the first half of 2025. The analyst predicts that Taiwan Semiconductor will raise prices at the beginning of 2025, and sustained high utilization rates will drive revenue growth next year. Huaxing Securities has raised its revenue expectations for Taiwan Semiconductor in 2024 to 2025 by 2%-10%