TSMC Shares Jump Most Since April After Goldman Lifts Target 35%

Group 1 - TSMC shares increased by 6.9%, reaching a record high, driven by optimism in AI demand and a price target increase from Goldman Sachs by 35% to NT$2,330 [1][2] - The company is seen as a multi-year growth engine for AI, with improving profit margins and plans to invest $150 billion over the next three years to expand capacity [3] - TSMC's market value surpassed $1 trillion for the first time, reflecting heightened investor confidence in its pivotal role in the AI boom [5] Group 2 - TSMC led a surge in Asian tech stocks as investors continue to invest in the AI theme, despite concerns about market overheating [2] - Other chip manufacturers, such as Samsung Electronics, are also experiencing gains, with expectations of preliminary results that may validate the sector's performance [4] - Analysts emphasize the importance of TSMC's capacity in leading-edge semiconductors, while advising investors to focus on quality amid bubble concerns [6]