Defiance Daily Target 2X Short TSM ETF

STSM
  • 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.
  • Weekly Recap | Taiwan Semiconductor +3.67%, closing in on record highs

    Weekly Review·
    - TSMC closed the week at 450.61 USD, representing a 3.67% increase and outperforming the S&P 500. - The weekly performance was driven by advanced manufacturing announcements, capacity expansion plans, and strategic industry partnerships. - Twenty-one institutions cover TSMC with a strong buy consensus, setting an average target price of 552.26 USD against a divergent range of 440 to 700 USD.