Morgan Stanley has raised its target price for TSMC from NT$1,688 to NT$1,888, citing growth potential in its revenue and profit margins. The firm recommends that investors increase their holdings before early 2026. It is projected that TSMC's revenue will grow in the mid-20% range in 2026, ultimately achieving a year-on-year increase of 30%. The gross profit margin is expected to exceed 60% in the fourth quarter of 2025 and remain above 60% for the entire year of 2026.
