TSMC Maintains Consensus Buy Rating With Over 20% Upside to $355 Price Target As of Early December

Group 1 - Taiwan Semiconductor Manufacturing Company Limited (TSMC) is recognized as one of the fastest-growing semiconductor stocks, with a consensus Buy rating and over 20% potential upside to a 1-year median price target of $355 as of December 5 [1][3] - TSMC filed a civil lawsuit against former senior vice president Wei-Jen Lo for breaching non-compete and confidentiality obligations, as well as violations of Taiwan's Trade Secrets Act [2] - Taiwan's prosecutors conducted searches at Lo's residences, seizing devices, and suspecting him under the National Security Act, while Intel denied the allegations and claimed no merit to the claims [3][4] Group 2 - TSMC is the world's largest dedicated semiconductor foundry, manufacturing advanced logic chips for global customers across various sectors, including compute, mobile, and AI, with leading-edge nodes of 5nm, 3nm, and in development 2nm [5]