Key Insights:
- Taiwan Semiconductor Manufacturing (TSM, Financial) unveils potential AI advancements with its A14 process technology.
- TSM shares experience a 2% increase on the announcement, driven by promising efficiency and speed improvements.
- Analysts project significant upside potential, with price targets suggesting a 33.94% increase.
TSM's Technological Breakthrough with A14
Taiwan Semiconductor Manufacturing (TSM) has introduced a groundbreaking A14 process technology that promises substantial breakthroughs in AI applications and AI-enhanced smartphones. With production slated for 2028, the A14 process aims to enhance performance by offering a 15% increase in speed, a 20% boost in logic density, and a reduction in power consumption by up to 30%. Following this announcement, TSM shares saw a 2% uptick, reflecting investor optimism.
Wall Street Analysts Forecast
According to one-year price targets from 15 analysts, Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) is projected to reach an average target price of $216.99. This encompasses a high estimate of $271.55 and a low of $119.37. These projections translate to an anticipated upside of 33.94% from the current price of $162.00. For further details, you can refer to the Taiwan Semiconductor Manufacturing Co Ltd (TSM) Forecast page.
Brokerage Recommendations
The consensus from 18 brokerage firms rates Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) with an average recommendation of 1.6, categorizing it as "Outperform." This rating is based on a scale from 1 to 5, where 1 indicates a Strong Buy, and 5 signifies a Sell.
GF Value and Estimated Upside
GuruFocus estimates the GF Value for Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) to be $203.18 in one year. This suggests a potential upside of 25.42% from its current trading price of $162. The GF Value is derived by examining historical multiples, past business growth, and projected future performance, offering a comprehensive fair value estimation. More detailed insights are available on the Taiwan Semiconductor Manufacturing Co Ltd (TSM) Summary page.
