Analysts revise Taiwan Semiconductor stock price targets

The AI revolution has taken semiconductor stocks and their gains to the next level, with most producers recording gains of 50% or more since 2024, driven by unprecedented demand for AI-related technologies and components. Taiwan Semiconductor (NYSE: TSM) stock is no exception.TSMC became the leading foundry by revenue in the first quarter, capturing 62% of the market share. Taiwan Semiconductor Manufacturing anticipates up to 30% sales growth in the second quarter, driven by strong demand for semiconductors ...