TSMC (TSM) Re-Rating Possible as AI Drives Chip Demand—Macquarie

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 10 AI Stocks Investors Are Watching This Week. On July 7, Macquarie raised the stock’s target price from 1,125 New Taiwanese dollars to 1,282 New Taiwanese dollars, maintaining an “Outperform” rating. The rating affirmation is driven by the burgeoning demand from the AI super cycle. Firm […]