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
€361.50
2.410%
With 28 Buy predictions and 2 Sell predictions Taiwan Semiconductor Manufacturing Co. Ltd. ADR is one of the favorites of our community.
As a result the target price of 400 € shows a slightly positive potential of 10.65% compared to the current price of 361.5 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
