UBS raises target price of TSMC (TSM.US) to 1200 NT$ AI demand and capacity expansion drive double acceleration in growth.

According to the 36Kr Finance APP, UBS has released a performance outlook report for TSMC (TSM.US) in the second quarter of 2025, reiterating a "buy" rating and raising the target price from 1180 New Taiwan Dollars to 1200 New Taiwan Dollars. UBS has revealed the underlying logic of future growth of this company from multiple dimensions such as capacity layout, financial forecasts, and industry trends.