Taiwan Semiconductor (TSM) Stock Hits Record High After Goldman Boosts Target on AI Chip Demand

TLDR Taiwan Semiconductor Manufacturing shares surged 6.9% Monday to reach a new record high in Taipei trading Goldman Sachs lifted its price target by 35% to NT$2,330, keeping a Conviction Buy rating on the stock The firm projects TSMC will invest over $150 billion in capacity expansion between 2026 and 2028 Revenue growth estimates increased [...]

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