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Semiconductor stocks jumped in morning trading, with TSM rising nearly 5%

Tiger Newspress2022-01-03

Semiconductor stocks jumped in morning trading, with TSM rising nearly 5%.According to the latest research report of Goldman Sachs, the growth rate of TSMC in 2022 will be higher than that in 2021 due to the rise of chip prices, the industry upgrading cycle of high performance computer (HPC) / 5G and other favorable factors. Two analysts at Goldman Sachs wrote in a report on Sunday that TSMC's US dollar revenue this year is expected to increase by 26.1% year-on-year, compared with 24.6% in 2021. The target price is raised from NT $1028 to NT $1035. The new target price means that the stock has 68% potential upward space compared with the closing price on December 30.

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Comment36

  • Handoko
    ·2022-01-04
    💫🌟
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  • PanaCota
    ·2022-01-04
    Nice
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  • Jialatsia
    ·2022-01-04
    Meep
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  • Vastblueseas
    ·2022-01-04
    Good news!
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  • Nez
    ·2022-01-04
    Gogo all stocks
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  • YueShan
    ·2022-01-04
    Nice Day⭐⭐⭐
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  • LimLS
    ·2022-01-04
    TSMC is a good company with very strong demand of its products. They have a good lead in term of technology too. Should continue to do well until 2023. Not able to forecast if the supply glut situation will materialize during 2023-2024 when all the other capacity comes online. Their current valuation is also on the high side so need to take note.
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  • JLKang
    ·2022-01-04
    Good for semicons
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  • Bspn
    ·2022-01-04
    Ok
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  • bluefun
    ·2022-01-04
    Gogogo TSMC 🔥
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  • Siakhwang
    ·2022-01-04
    Nice
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  • TaiWoeiHaur
    ·2022-01-04
    Good morning please like 
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  • Lavender00
    ·2022-01-04
    Only HIMX is dropping
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  • ToTheM00N
    ·2022-01-04
    Like
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  • SCLIEW
    ·2022-01-04
    666
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  • Blading23
    ·2022-01-04
    Good 
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  • LohYK
    ·2022-01-04
    Prices are getting erratic recently. 
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  • MHh
    ·2022-01-04
    Good news for shareholders! But this will drive inflation further…[Cry] 
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  • koolgal
    ·2022-01-04
    Great news for Semiconductor stocks as the stock prices jumped today especially TSML!  With the ongoing global shortage, the uptrend is strong for these semiconductor stocks!  However if you  are new and just want a piece of the action, you can consider $VanEck Vectors Semiconductor ETF(SMH)$ . It is diversified and low cost compared to investing in individual stocks. 🚀🚀🚀🌙🌙🌙
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  • ChiaZY
    ·2022-01-04
    Like
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