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TSMC's Stock Price Surges to Highest Level Since April as Goldman Sachs Ups Target by 35%
2026-01-05 /
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Author：小编
As the new year commenced, shares of Taiwan Semiconductor Manufacturing Company (TSMC), the globe's premier contract chipmaker, experienced a remarkable rally. This surge, the most significant since April, saw its stock price jump by as much as 6.9% in Taipei trading, hitting an all-time peak. The driving force behind this upswing was persistent market confidence in the burgeoning demand for artificial intelligence (AI) technologies. TSMC stands as a pivotal supplier to industry giants such as Nvidia and Apple. Earlier, Goldman Sachs Group Inc. had boosted TSMC's target stock price by an impressive 35%, setting it at NT$2,330, and forecasting robust growth in the year ahead.
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