TSMC expects Q2 sales to jump on 'insatiable' AI demand

Go back to TSMC expects Q2 sales to jump on 'insatiable' AI demand

Morgan Stanley Out Positive on Top Pick TSM (2330:TT) (TSM): 'We believe TSMC will pass through additional costs to customers'

April 18, 2024 9:58 AM EDT

Morgan Stanley analyst Charlie Chan reiterated an Overweight rating and NT$860.00 price target on Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (NYSE: TSM).

The analyst comments "We believe TSMC will pass through additional costs to customers, given its value added offering of global manufacturing... More