Analysts predict Taiwan Semiconductor stock to reach $160, driven by AI technology

From Barchart: 2025-07-02 23:10:00

Taiwan Semiconductor Manufacturing Company (TSM) stock has seen a surge, with analysts predicting a strong future driven by the rise of artificial intelligence technology. The company’s stock is predicted to hit a fresh Street-high target of $160, marking a significant increase from its current price. TSM has been a key player in the semiconductor industry, benefiting from the increasing demand for chips in AI applications. Investors are optimistic about the company’s potential for growth in the coming years, as AI continues to play a vital role in various industries.



Read more at Barchart: Can Taiwan Semiconductor Stock Hit $270 in 2025?