Core Viewpoint - TSMC's stock price reached a record high of 1,295 TWD, with market attention focused on when foreign investment firms will adjust their target prices upward [1] Group 1: TSMC Performance - TSMC's short-term operational momentum and long-term competitiveness remain strong, unaffected by Nvidia's investment in Intel, leading to a resurgence in the Taiwanese stock market [1] - Foreign investment firms, including Citigroup, Morgan Stanley, Goldman Sachs, and others, have set TSMC's target stock price between 1,300 and 1,400 TWD, raising discussions on potential new catalysts for TSMC's profitability [1] Group 2: UMC's Market Position - UMC's stock has been stagnant, with mixed opinions from foreign investors; some maintain a positive outlook while others are more conservative [2] - UMC has recently seen an "earlier than usual" surge in urgent orders, indicating a potential recovery in stock price and boosting sentiment in the semiconductor sector [2] - Analysts note that the semiconductor industry may experience a new wave of order demand starting in the second half of 2026 as uncertainties around tariffs diminish [2]