TSMC rises 1.4% in previous market, likely to start at a new high
$Taiwan Semiconductor(TSM.US$It rose 1.42% to 179.75 dollars in the pre-market, and it is expected that it will hit a record high even after the start of the session, and stock prices have accumulated monthly increases of close to 20%.
As the global semiconductor market continues to soar, TSMC continues to suggest the possibility of price increases, and market expectations are rising.
JPMorgan has drastically raised TSMC's earnings per share forecast for the next few years in a newly released research report. It is analyzed that it is based on accelerated demand for data centers and artificial intelligence, in particular price increases for N3 and N5 process technology, and price increases for advanced packaging technology.
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