Needham Maintains Buy on TSMC (TSM), Citing Strong Margins and Upgraded AI Outlook

By Yahoo! Finance   |   1 month ago
Needham Maintains Buy on TSMC (TSM), Citing Strong Margins and Upgraded AI Outlook

Taiwan Semiconductor Manufacturing Company (TSM) saw a price target increase by Needham analyst Charles Shi to $360 from $270 due to strong third-quarter performance. TSM exceeded revenue guidance and maintained solid gross margins, with optimistic outlook and growth forecasts.

Read More

Did you find this insightful?