TSMC(US:TSM) Ge Long Hui A P P·2025-12-18 09:13Core Viewpoint - Morgan Stanley has raised the target price for TSMC, indicating growth potential in revenue and profit margins, and recommends investors to accumulate shares before early 2026 [1] Group 1: Price Movement - TSMC's pre-market price increased by 1.33% to $280.64 [1] - The closing price on December 17 was $276.96, reflecting a decrease of 3.45% [1] Group 2: Financial Projections - Morgan Stanley expects TSMC to show a revenue growth guidance in the mid-20% range for 2026, ultimately achieving a year-on-year growth of 30% [1] - The firm anticipates TSMC's gross margin will exceed 60% in Q4 2025 and maintain above 60% for the entire year of 2026 [1] Group 3: Stock Performance Metrics - TSMC's market capitalization is approximately $1.44 trillion [1] - The stock has a price-to-earnings ratio (P/E) of 28.86 and a price-to-book ratio (P/B) of 9.078 [1] - The stock's 52-week high is $313.173, while the 52-week low is $132.997 [1]