Citi Lifts TSMC Price Target, Expects Higher 2026 Growth Outlook on AI Demand

Citi raised its TSMC price target to NT$3,800 and reiterated Buy, expecting the chipmaker to lift its 2026 revenue growth guidance at its July 16 analyst day. AI chip demand broadening beyond GPUs underpins the upgrade.

Investing.com · Markets · 2026-07-06 01:49:43Z