The Zhitong Finance App learned that TSM.US (TSM.US) declined slightly before the US stock market on Friday. Despite the company's recently announced strong third-quarter results, the stock price fell 6.9% this week, or the biggest weekly decline since July. However, Morningstar still believes that TSMC's fair value is $534, and there is still room for an increase of about 26.5% from Thursday's closing price.

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