Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM): A Potential Buying Opportunity Amidst Decline

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSM) is a leading player in the semiconductor industry, known for its advanced technology and innovation, which positions it as a key supplier for major tech companies [1] Stock Performance - TSM's stock has declined approximately 3.82% over the past month, presenting a potential buying opportunity for long-term investors [2][6] - In the last 10 days, TSM experienced a further decline of about 4.52%, making its stock more attractively priced for value investors [3][6] Growth Potential - Analysts predict a 27.59% increase in TSM's stock price, supported by the company's robust fundamentals and strategic market position [4][6] - TSM's strong financial health is indicated by a Piotroski Score of 8, suggesting it is well-positioned for future growth [5] Target Price - Analysts have set a target price of $371.67 for TSM, reflecting confidence in its ability to recover from recent declines and achieve substantial growth [5]