Wafer foundry leader TSMC (2330-TW)(TSM-US) Good news from Fa Shuo, today (17), the stock price gapped and opened higher, hitting 685 yuan at the opening, rewriting the historical price, surpassing the 679 yuan in January last year, with a market value of 17.76 trillion yuan, both rewriting new prices.
On the eve of the TSMC law meeting, many foreign investors raised their target prices one after another. As the operating report card and outlook released by the TSMC law report were better than market expectations, more foreign investors followed suit and raised their target prices. Looking at 1035 yuan, the most foreign investors will see that the stock price will break through the 800 yuan mark.
Foreign investors are optimistic, TSMC’s revenue in 2024 will double from 2020, and foreign investors expect that TSMC’s annual profit will exceed the trillion yuan mark by 2024.
In addition to the fourth quarter of this year, the annual profit has reached a new high. TSMC also estimates that the revenue in the first quarter of this year will reach 16.6-17.2 billion.Dollar, the quarterly increase of 5.4-9.2%, continued to write a new report, the double rate will also increase compared with the fourth quarter of last year, and the operation is not short in the off-season.