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
€317.00
-0.780%
With 26 Buy predictions and not a single Sell prediction Taiwan Semiconductor Manufacturing Co. Ltd. ADR is an absolute favorite of our community.
However, we have a potential of -1.89% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR as the target price of 311 € is below the current price of 317.0 €.
