Needham: Taiwan Semiconductor's AI revenue is expected to reach $90 billion, raising the target price to $270
I'm PortAI, I can summarize articles.
Needham released a research report, giving Taiwan Semiconductor a "Buy" rating and raising the target price to $270. It is expected that by 2029, Taiwan Semiconductor's AI business revenue will reach $90 billion. Analyst Charles Shi pointed out that although AI business revenue may slow down in 2026, it is expected to grow again in 2027, with a year-on-year growth rate of 45% in 2028. As of Tuesday's market close, Taiwan Semiconductor's stock price was $224.68, up nearly 15% year-to-date
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments