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TD COWEN has raised TSMC's price target from $400 to $440.
BlockBeats News, July 17th, TD COWEN raised its target price for TSMC (TSM.N) from $400 to $440.
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Bernstein Analysis: TSMC's Price Target Raised to 2780 NTD, Can CoWoS and N2 Keep Up?
Revenue for the second quarter is close to the upper end of the guidance, with the market focusing on Packaging and N2.
J.P. Morgan's Analysis of TSMC: CoWoS Gap Widens to 20%, AI CPU Taking Over from GPU
TSMC to Expand Chip Production in the U.S. with a $26.5 Billion Investment, Emphasizing AI Valuations' Increasing Focus on Cash Flow
Following a strong earnings report, the market has begun to reassess the ROI of the expansion.
TSMC reported revenue of about rmb73bn for the fourth quarter of 2019
Morgan Stanley Analysis: As TSMC's Q2 Earnings Report Approaches, How Long Can the 66% Gross Margin Last?
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