Form 6-K TAIWAN SEMICONDUCTOR For: Sep 23

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TSM (2330:TT) (TSM) Mentioned Positively at Citi, 'we believe TSMC’s share gain would continue to support its growth during the downturn'

September 26, 2022 5:43 AM EDT

Citi analyst Laura Chen reiterated a Buy rating and NT$570.00 price target on Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (NYSE: TSM).

The analyst comments "Given weak consumer demand and continuous order adjustment across various applications in the semiconductor supply chain, investors are increasingly worried about TSMCs earnings growth outlook into the next year.... More