On Monday, Taiwan Semiconductor (TSM.US) opened up nearly 5%, reaching a record high of 218.10 USD.
According to Zhito Finance APP, on Monday, Taiwan Semiconductor (TSM.US) opened nearly 5% higher, reaching a historic high of $218.10. In terms of news, a Goldman Sachs report pointed out that Taiwan Semiconductor's revenue growth this year is expected to be steady, with a year-on-year increase of 26.8% (in USD), compared to last year's revenue growth of 29.4%, mainly benefiting from the strong demand for advanced process nodes, especially the continued momentum in the AI field.
At the same time, the bank believes that the competitive environment for Taiwan Semiconductor is more favorable, as Samsung and Intel (INTC.US) face more difficulties in transitioning to advanced process nodes. Therefore, the bank expects that starting this year, the prices of 3nm and 5nm chip nodes will be raised in the mid to high single digits, while the advanced Encapsulation technology (CoWoS) prices may increase by 10%. In the context of rising prices, the bank estimates that Taiwan Semiconductor's gross margin will rise to 59.3% this year, compared to 56.1% last year.