Citigroup's significant increase in TSMC's target price to NT $950 and strong demand for AI are expected to drive performance
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发表于 2024-4-10 21:24:31
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Citigroup's significant increase in TSMC's target price to NT $950, driven by strong AI demand, is expected to boost performance. Citigroup stated in a report that driven by strong AI demand, it is expected that TSMC's revenue in the second quarter will increase by 4% quarter on quarter, and gross profit margin may slightly decline due to the impact of the earthquake. The target price will be raised by 28% to NT $950.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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