TSMC just posted its third straight earnings beat while AI demand outstrips supply, yet shares have dropped nearly 11% in a month. One question from the CFO’s own playbook now determines whether the stock recovers or stalls from here.
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Taiwan Semiconductor Manufacturing (NYSE:TSM | TSM Price Prediction), better known as TSMC, last closed at $406.13. For TSMC, the 24/7 Wall St. price target is $516.16 over the next 12 months. That implies 27.09% upside, and our model rates the stock a buy with high confidence.
