On March 30, analysts from Citigroup highlighted in a report that TSMC is poised for even more robust revenue growth in the next two years. Presently, the demand for chips is experiencing not just sustained growth within the AI accelerator market but is also spreading across a wider ecosystem. This expansion encompasses central processing units, network chips, and co-packaged optics. The tightening supply landscape has bolstered TSMC's bargaining position, rendering its gross margin more robust. The report emphasized that, propelled by the need for larger and more sophisticated chips, TSMC's AI-related revenue is anticipated to more than double. Citigroup predicts that 2nm chips will emerge as TSMC's primary revenue driver, with a clear order outlook for at least the upcoming three years. Furthermore, Citigroup has increased TSMC's target price from NT$2,600 to NT$2,800, in contrast to its current stock price of NT$1,780.