Foreign analysts maintain strong buy ratings for Taiwan Semiconductor Manufacturing Co. (TSMC) U.S.-listed shares. Technological leadership and robust demand for advanced artificial intelligence (AI) chips drive this market confidence.
Bloomberg reports an average 12-month price target of NT$13,383 per American Depositary Receipt (ADR). Goldman Sachs issued the highest target at NT$16,443. Analysts expect a persistent supply-demand imbalance for advanced manufacturing to continue until 2027.
Competitors including Samsung and Intel trail TSMC by three to four years in crucial advanced packaging technology.