Weekly Recap | Taiwan Semiconductor +4.92%, consensus target above spot
Weekly Review·
- TSMC accumulated a 4.92% weekly gain to close at 472.78 USD, outperforming the S&P 500 by 5.19 percentage points amid focus on 2nm process developments and potential Texas investments.
- Institutional coverage comprises 21 analysts with a consensus rating of strong buy and an average target price of 552.26 USD, representing a 16.81% premium over the current price.
- Market participants are closely monitoring the upcoming Q3 earnings report on October 15, 2026, as a critical window to validate current expectations, 2nm orders, and U.S. expansion plans.
