The Zhitong Finance App learned that foundry giant TSM.US (TSM.US) will announce the results for the third quarter of 2026 on October 15. Goldman Sachs pointed out in a recently released research report that TSMC's strong performance growth momentum is expected to continue until 2027, while capital expenditure will gradually increase to support long-term demand. Goldman Sachs reiterated its “buy” rating for TSMC. The target price for TSMC shares listed in Taiwan was raised from NT$3,100 to NT$3,300, with room for an increase of nearly 28% from last Friday's closing price; the target price for TSMC US stocks was raised to $660, with room for an increase of nearly 40% from last Friday's closing price.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that foundry giant TSM.US (TSM.US) will announce the results for the third quarter of 2026 on October 15. Goldman Sachs pointed out in a recently released research report that TSMC's strong performance growth momentum is expected to continue until 2027, while capital expenditure will gradually increase to support long-term demand. Goldman Sachs reiterated its “buy” rating for TSMC. The target price for TSMC shares listed in Taiwan was raised from NT$3,100 to NT$3,300, with room for an increase of nearly 28% from last Friday's closing price; the target price for TSMC US stocks was raised to $660, with room for an increase of nearly 40% from last Friday's closing price.
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