TSMC (TSM) Surges as Wall Street Expects Strong 2025 Growth

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6 days ago
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TSMC (TSM, Financial) shares rose 3% to $214.89 in pre-market U.S. trading. The company reached a historic high of 1,025 New Taiwan dollars on the Taiwan Stock Exchange, alongside setting a new record in U.S. night trades. Wall Street continues to have a positive outlook for TSMC in 2025. Morgan Stanley suggests that TSMC often starts the year with conservative forecasts and then exceeds expectations.

UBS highlighted the strong demand for high-performance computing and cloud AI, projecting a significant 25% revenue growth for TSMC in 2025. Goldman Sachs forecasts a modest 2.2% sequential decline in TSMC’s revenue for the first quarter of 2025, making it one of the more optimistic major investment banks.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.