Weekly Recap | Taiwan Semiconductor +1.43%, consensus target above spot
Weekly Review·
- TSMC accumulated a 1.43% weekly increase to close at $418.51, outperforming the S&P 500 amid focus on capacity expansion, AI demand, and supply chain adjustments.
- A total of 21 institutions covered TSMC with a consensus rating of strong buy and a consensus target price of $584.39, indicating an upside space of about 39.6%.
- Market attention going forward remains on the execution pace of Texas expansion and rare earth supply chains, alongside upcoming macroeconomic data affecting AI capital expenditure judgments.