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Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) PT Raised to $200 at Bernstein SocGen Group
June 20, 2024 5:05 AM EDTBernstein SocGen Group analyst Mark Li raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) to $200.00 (from $150.00) while maintaining a Outperform rating.
The analyst comments "High-end phone & adv nodes are propelling TSMC to top its 2024 guidance. Data center AI revenue is rising as planned, but more data indicating AI driving an upward shift in smartphone came as an upside... More
