TSMC shares hit record high, further gains expected on AI demand
TSM Taiwan Semiconductor Manufacturing ADR
$472.20 -2.09%
View chart & analysis → - 1TSMC shares reached a record high this week, up 61% since the beginning of the year.
- 2Citi analyst Arif Malik expects TSMC's 2027 revenue growth rate to be 40%, driven by AI computing demand and the CPO cycle.
- 3Next year's TSMC AI revenue growth rate is expected to be nearly double, considering the projected acceleration of customer growth.
So what's the key point?
TSMC shares rose to an all-time high as demand for components needed to build artificial intelligence increased. Experts expect AI-related revenue to grow significantly next year.
Source Yahoo Finance · View original ↗
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