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TSMC Shares Skyrocket Once More: Goldman Sachs Ups Target Price to NT$2600
4 week ago /
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Author：小编
On Friday, TSMC's stock price experienced a remarkable surge, climbing by more than 2% and hitting an all-time high. The driving forces behind this upward trend were the company's capital expenditure and sales outlook, both of which surpassed market expectations. In light of these positive developments, Goldman Sachs has revised its target price for TSMC's shares listed on the Taiwan Stock Exchange, raising it to NT$2600. The investment bank also projected that a gross margin exceeding 60% could well become the new standard for TSMC. Looking ahead, TSMC's capital expenditure for 2026 is anticipated to range between US$52 billion and US$56 billion, with revenue growth potentially approaching 30%.
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