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Stock impact report

Wall Street Gets More Bullish on TSMC's AI Dominance [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
On January 15, BofA Securities analyst Brad Lin raised the price target on the stock to $470.00 (from $430.00) while maintaining a “Buy” rating. Firm analysts are confident in TSM's tech leadership, underpinned by strong pricing power, capacity stability, and dominance in premium nodes. They noted that TSMC's tech leadership should sustain, lifting blended wafer pricing by an estimated 30% CAGR from 2025 to 2027 compared to a 17% CAGR from 2020-2025. This reflects higher pricing at advanced nodes, wider premiums for new nodes, and a mix shift on capacity optimization. It estimates wafer capacity and shipment to stay stable, with advanced node growth offset by declines in mature nodes. Analysts also anticipate strong pricing and sustained utilization to allow TSMC's sales to outgrow depreciation at a 20% CAGR, expanding gross margins. "We estimate its wafer capacity and shipment could stay stable, with advanced node +15% CAGR from '25–'27 balanced by decline in mature nodes. Th Show less Read more
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