Wall Street Gets More Bullish on TSMC’s AI Dominance

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the AI Stocks Analysts Are Watching Closely. On January 15, BofA Securities analyst Brad Lin raised the price target on the stock to $470.00 (from $430.00) while maintaining a “Buy” rating. Firm analysts are confident in TSM’s tech leadership, underpinned by strong pricing power, capacity stability, and dominance in premium nodes. They noted that TSMC’s tech leadership should sustain, lifting blended wafer pricing by an estimated 30% ...