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0 -7.29884386312544E-05 0.00083206820039713 0.00102183814083856 -0.0010802288917434 0.000394137568609272 -0.000248160691346431 0.00348884736657728
Stock impact report

Here's What the Wall Street Thinks About Taiwan Semiconductor Manufacturing Company (TSM) [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Earlier, on January 16, TD Cowen maintained a Hold rating on the stock and raised the price target from $325 to $370. ?Analysts at TD Cowen noted that they have another upside quarterly outlook for the company. This optimistic outlook is based on the company raising its long-term revenue growth target to 25% CAGR from 2024 to 2029. ?The company also raised its outlook for the AI and cloud demand and now expects demand to be in the range of mid 50% to high 50%. The firm noted that TSM's 2026 capital expenditure of $52 billion to $56 billion reflects that the company expects demand to remain strong throughout the year, which is also a good sign for the semiconductor sector. TD Cowen also described the guidance of 63% to 65% Q1 gross margins as strong. However, despite this strong outlook, the firm still maintained a Hold rating. This is due to the upcoming dilution from the N2 node ramp and overseas fabs starting in H2 2026, due to higher initial costs. This pressures margins despit Show less Read more
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