Taiwan Semi’s AI Chip Revenue Will Soar for Years, Says Analyst - Barron's
1. TSMC's AI chip business is projected to grow significantly. 2. Analyst Charles Shi raised TSMC's ADR price target to $270. 3. TSMC's AI revenue is estimated to reach $46 billion by 2027. 4. The company's foundry business is expected to strengthen with little competition. 5. TSMC is a core holding for semiconductor investors.