Taiwan Semiconductor Projects AI Revenue To Double In 2025, Highlights Advanced Packaging As Growth Driver: Analyst
Needham analyst Charles Shi reiterated Taiwan Semiconductor Manufacturing Co TSM with a Buy and a $225 price target.Taiwan Semiconductor guided 2025 revenue growth to be in the mid-20s percent range, primarily in line with consensus.More interestingly, management guided AI revenue to double in 2025 after tripling in size and reaching the mid-teens percent of the overall revenue in 2024.Also Read: OPEC’s Optimism Clashes With IEA’s Conservative 2025 Oil Growth ProjectionsTaiwan Semiconductor extended the AI ...