Form 6-K TAIWAN SEMICONDUCTOR For: Dec 31

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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