TSMC Defies Market Concerns With Q3 Earnings Beat

TSMC (NYSE: TSM ) has rallied 13% since our last coverage, narrowing the gap toward our target price of $210. Following its Q3 2024 earnings, which showed substantial year-over-year (YoY) revenue and profit growth, we believe TSMC’s long-term prospectsYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fello ...