Weekly Recap | Taiwan Semiconductor +0.33%, most brokers rate it buy
Weekly Review·
- TSMC closed the week at 434.67 USD with a slight gain of 0.33 %, outperforming the S & P 500 amid volatile trading driven by AI developments and expansion news.
- Twenty-one institutions cover TSMC with a consensus rating of strong buy and an average target price of 552.26 USD, indicating a 27.05 % upside potential despite wide valuation divergence.
- Future performance will depend on the balance between cooling industry AI spending and advanced process foundry orders, alongside upcoming macroeconomic data releases.