HSI1 25,872.32 +211.47 236.78B
HSCEI1 8,671.61 +69.55 70.96B
Back    Zoom +    Zoom - Block Traded
BOCI Lifts TSMC's TP to USD515; Rev. Growth Guidance Still Cautious
2026-04-13 15:45:14
TSMC (TSM.US)'s 1Q26 revenue beat guidance, making it possible for margins to reach the upper end of the forecast range, according to a report from BOCI.

It is expected that TSMC's 2Q26 revenue will grow by a high single-digit percentage QoQ. Coupled with a sharp increase in xPU projects in 2H26 and the introduction of the N2 process, the company's current guidance of around 30% revenue growth for the year appears conservative.

BOCI has kept a Buy rating on TSMC and increased its target price to USD515.
~



AAStocks Financial News
Web Site: www.aastocks.com