Why Taiwan Semiconductor Stock Popped Today
Shares of Taiwan Semiconductor Manufacturing Company (NYSE: TSM) jumped 3% through 2:35 p.m. ET after CEO C.C. Wei told shareholders at the company's annual general meeting that TSMC expects to earn "record profit" in 2025.
Of particular interest to investors, Wei said he's "not afraid" that President Donald Trump's tariffs turmoil will keep TSMC from reaching this goal.
Image source: Getty Images.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€360.50
-0.280%
The stock is one of the favorites of our community with 28 Buy predictions and 2 Sell predictions.
With a target price of 400 € there is a slightly positive potential of 10.96% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 360.5 €.
