TSMC (TSM) Is Looking At Building Advanced Packaging Capacity In Japan-Reuters

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Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) PT Raised to $880 at BofA Securities, 'Structural positive on advanced nodes with AI'

March 18, 2024 4:39 AM EDT

BofA Securities analyst Brad Lin raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) to $880.00 (from $760.00) while maintaining a Buy rating.

The analyst comments "We raise PO to NT$880 (US$155) as we expect the structural advanced node demand to be... More