Key facts: TSMC NT$1.134T Q1, March NT$415B; Aletheia $600 Target
I'm LongbridgeAI, I can summarize articles.
TSMC (2330) reported Q1 revenue of NT$1.134 trillion, a 35.1% year-over-year increase, with March sales reaching NT$415.19 billion, marking a 45% year-over-year and 31% month-over-month rise. The company benefited from strong AI chip demand, significantly boosting Taiwan's exports. Following the results, TSMC shares in the U.S. rose by approximately 1.4% to 2.7%. Aletheia has raised TSMC's price target to $600, citing expected growth in node and advanced-packaging capacity and a projected revenue CAGR of over 30% through 2027, alongside a funding requirement of $220-230 billion by 2028.
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: TradingView 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