Lates News

Citigroup analysts pointed out in their research report that TSMC's supply of advanced process chips may remain tight for a period of time. Management reiterated during the performance conference call that they are making every effort to narrow the supply-demand gap. Despite the rising costs of more advanced process nodes, Citigroup believes that the demand for artificial intelligence is a positive factor for its revenue and profit margins, enhancing its ability to maintain industry-leading profitability during the cycle. Regarding TSMC's advanced packaging business, analysts predict that TSMC's capacity will reach between 1.2 million and 1.3 million wafers in 2026, and will increase to between 1.8 million and 2 million wafers in 2027. Citigroup maintains a "buy" rating on TSMC and has raised its target price from NT$2450 to NT$2600.