TSM - What's Going On With TSMC Stock? | Benzinga
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) shares are trading higher Monday after Susquehanna maintained a Positive rating on the stock and raised its price target from $180 to $200.
The Details:
According to a report from the Commercial Times of Taiwan, TSMC plans to increase the price of its 3nm wafers by more than 5% and the price for advanced packaging next year is 10% to 20% higher as well. The report also mentioned major clients, including Apple and Nvidia, have reserved all production capacity at TSMC until 2026.
Taiwan Semiconductor is one of the top trending tickers across social media Monday, including WallStreetBets and Yahoo Finance. According to data from Benzinga Pro, ...