$Taiwan Semiconductor Manufacturing(TSM)$
From where I stand, the math behind the NT$3,000 and $600 targets coexisting doesn't quite add up. It seems more logical to adjust the ordinary share target to around NT$3,400 to align with the $600 ADR target.
Regardless, TSMC is down about 9.09% in July so far from its June closing high, which was an all-time high. The stock could easily return to another record high if market conditions allow. I continue to believe TSMC is capable of handling its own trajectory.
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