UBS Raises TSMC Price Target to NT$3,400, Maintains Buy Rating

2026-06-29 11:37

Woofun AI reports that UBS has increased its price target for TSMC from NT$3,000 to NT$3,400 while retaining a "Buy" rating. The bank also upgraded its 2026 sales growth forecast, projecting that expansion momentum will persist over the coming years.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.

Trending News

US Bitcoin ETFs Bleed $6 Billion as Inflation Hits 4.1% and Fed Tightens

Arthur Hayes Buys $2.2M SYN Tokens to Challenge Deribit's 85% Market Share

South Korea Bets 1,000 Trillion Won on Chips While BIS Warns of AI Bubble

Loopring DEX Closes as TVL Plummets 99% From $760 Million Peak

Sharplink Resumes Aggressive ETH Accumulation with $62.4M Purchase Amid Market Decline

South Korea Pledges $1.3 Trillion While BIS Warns AI Spending Surpasses Profits

OpenAI Luna Model Triggers 43% LUNA2 Open Interest Surge Despite Zero Spot Activity

a16z Crypto Backs Ornn With $33M to Trade GPU Hash Rate as Commodity

Hyperliquid Dominates DeFi Perpetuals with 59% Market Share and $873M Revenue

Arthur Hayes-Linked Wallet Buys $2.2M Synapse Tokens, Price Jumps 27%