TSMC is up over 66% in the past year, AI customers are booking capacity years out, and the only foundry rival is hemorrhaging billions. So why does one critical number still cast doubt on how high this stock can actually…
TSMC has become the linchpin of the global AI buildout, and the market has priced it accordingly. But one number matters more than any other right now: the gap between where the stock trades and where our model says it should trade over the next 12 months.
Taiwan Semiconductor Manufacturing (NYSE:TSM | TSM Price Prediction) is currently at $428.29, and our 24/7 Wall St. price target for TSMC is $492.37, implying 14.96% upside. Our rating is buy with high confidence (0.9).
